2024-04-21 04:15:56 ET
Summary
- IBM is set to report its Q1 earnings next week, following a strong performance in the previous quarter driven by growth in its core business segments and AI.
- The company's Software and Consulting segments have seen significant growth and now account for 75% of total revenues.
- IBM's focus on AI and Red Hat's software's platform and platform-based approach have contributed to its success and are expected to continue driving growth in the future.
- I believe Big Blue is still attractively positioned before next week's earnings call, with its growth revenue segments to continue to drive revenue.
Investment Thesis
IBM ( IBM ) is set to announce their earnings report for the first quarter of this year, on Wednesday, April 24th, next week, after market hours....
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IBM Q1 Earnings Preview: Software And Consulting Should Continue To Drive Growth