IBM beats on earnings and revenue, maintains full-year guidance

IBM CEO Arvind Krishna speaks at the SXSW conference in Austin, Texas, on March 11, 2025.IBM reported better-than-expected earnings and revenue for the first quarter on Wednesday. The stock slipped 4% in extended trading.Here's how the company performed:Earnings per share: $1.60 adjusted vs.$1.40 expectedRevenue: $14.54 billion vs.$14.4 billion expectedRevenue increased 0.6% in the quarter from $14.5 billion a year earlier, according to a statement. Net income slid to$1.06 billion, or $1.12 per share, fr ...