IBM RELEASES FIRST-QUARTER RESULTS

Results exceed expectations driven by strong Software revenue growth, significant gross margin expansion and solid free cash flowARMONK, N.Y., April 23, 2025 /PRNewswire/ -- IBM (NYSE: IBM) today announced first-quarter 2025 earnings results."We exceeded expectations for revenue, profitability and free cash flow in the quarter, led by strength across our Software portfolio. There continues to be strong demand for generative AI and our book of business stands at more than $6 billion inception-to-date, up mor ...