IBM shares rise after earnings top estimates in 'uncertain, volatile' economy

IBM CEO Arvind Krishna speaks during the Business 20 (B-20) Summit in New Delhi on Aug. 25, 2023.IBM shares rose 6% in extended trading on Wednesday after the tech and services provider announced fourth-quarter results that exceeded Wall Street's expectations.Here's how the company did, compared to the consensus among analysts surveyed by LSEG:Earnings: $3.87 per share, adjusted, vs.$3.78 per share expected.Revenue: $17.38 billion, vs.$17.30 billion expected.IBM's revenue increased 4% year over year for t ...