IBM results beat expectations as the company pushes up full-year guidance

IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024.IBM shares fell as much as 5% in extended trading on Wednesday after the tech conglomerate issued second-quarter results that topped Wall Street projections.Here's how the company did in comparison with LSEG consensus:Earnings per share: $2.80 adjusted vs. $2.64 expectedRevenue: $16.98 billion vs. $16.59 billionIBM's revenue increased nearly 8% year over year in the quarter, according to a statement. Growth in ...