Cloud growth fuels IBM profit beat, shares rise

Cloud growth fuels IBM profit beat, shares rise

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-ibm-results/cloud-growth-fuels-ibm-profit-beat-shares-rise-idUSKCN1UC2KQ

International Business Machines Corp beat analysts' estimates for second-quarter profit on Wednesday, propped up by recurring growth in its high-margin cloud computing business, sending its shares up as much as 4% in extended trading.

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