财务数据和关键指标变化 - 第三季度公司实现收入150亿美元，调整后的EBITDA为38亿美元，运营税前收入为25亿美元，运营稀释每股收益为2.30美元 [14] - 年初至今，公司自由现金流为66亿美元，同比增长15亿 [17] - 收入增长2%，运营税前利润增长8%，运营稀释每股收益增长5% [14][15] 各条业务线数据和关键指标变化 - 软件业务收入增长加速至10%，其中Red Hat增长14% [14][19] - 咨询业务收入持平，受到市场环境影响 [15][22] - 基础设施收入下降7%，主要受产品周期动态影响 [15][25] 各个市场数据和关键指标变化 - 软件业务占总收入的近45%，较2018年的高20%有所提升 [6] - 混合平台和解决方案的年度经常性收入（ARR）为149亿美元，同比增长11% [7][20] - 交易处理业务增长9%，客户对新一代AI产品的兴趣持续增加 [21] 公司战略和发展方向和行业竞争 - 公司继续重组产品组合，专注于高增长、高利润的业务，特别是在混合云和人工智能领域 [4][5] - 公司在生成AI领域的业务已超过30亿美元，显示出强劲的市场需求 [8][23] - 公司与多家技术合作伙伴深化关系，包括Dell、Intel、Microsoft等 [11] 管理层对经营环境和未来前景的评论 - 管理层对技术支出的强劲表现持乐观态度，但咨询业务受到经济不确定性的影响 [5] - 对于2025年的增长前景，管理层表示信心十足，预计软件和咨询业务将迎来向上的拐点 [31] 其他重要信息 - 公司在量子计算和AI领域的投资持续增加，开设了欧洲首个IBM量子数据中心 [12] - 预计第四季度软件收入将继续增长，咨询业务表现将与第三季度相似 [27][28] 问答环节所有提问和回答 问题: 关于2025年的增长前景 - 管理层表示，软件业务的增长将受到Red Hat的强劲表现推动，预计将为整体软件增长贡献约3个百分点 [34] - 咨询业务的签约率虽然近期有所下降，但管理层对未来的增长持乐观态度，认为生成AI的需求将推动咨询业务的复苏 [36][42] 问题: 咨询业务的表现 - 管理层承认咨询业务面临挑战，但表示高质量的签约和良好的客户关系将为未来的增长奠定基础 [46][48] 问题: M&A策略 - 管理层强调，未来的并购将专注于与现有战略相符的领域，如混合云、自动化和数据与AI [56][57]

IBM (IBM) reported $14.97 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 1.5%. EPS of $2.30 for the same period compares to $2.20 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $15.19 billion, representing a surprise of -1.46%. The company delivered an EPS surprise of +1.32%, with the consensus EPS estimate being $2.27.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...

IBM (IBM) came out with quarterly earnings of $2.30 per share, beating the Zacks Consensus Estimate of $2.27 per share. This compares to earnings of $2.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.32%. A quarter ago, it was expected that this technology and consulting company would post earnings of $2.16 per share when it actually produced earnings of $2.43, delivering a surprise of 12.50%.Over the last four quarters, ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024.IBM shares moved 5% lower in extended trading on Wednesday after the hardware, software and consulting provider fell short of Wall Street's revenue expectations for the third quarter.Here's how the company did in comparison with LSEG's consensus:Earnings per share: $2.30 adjusted vs. $2.23 expectedRevenue: $14.97 billion vs. $15.07 billion expectedIBM's overall revenue increased 1.5% year over year, according ...

收入情况 - 第三季度收入150亿美元，同比增长1%，按固定汇率计算增长2%[1] - 2024年第三季度总收入为149.68亿美元，同比增长1.5%[9] - 2024年前三季度总收入为451.99亿美元，同比增长1.6%[9] 业务板块情况 - 软件收入增长10%[1] - 第三季度软件收入65亿美元，同比增长9.7%，其中混合云平台和解决方案增长10%，Red Hat增长14%，自动化增长13%，数据与AI增长5%，安全性下降1%，交易处理增长9%[3] - 2024年第三季度软件业务收入为65.24亿美元，同比增长9.7%[9] - 2024年前三季度软件业务收入为191.62亿美元，同比增长7.5%[9] - 咨询收入持平[1] - 第三季度咨询收入52亿美元，同比下降0.5%，其中业务转型增长2%，技术咨询下降4%，应用运营下降1%[3] - 2024年第三季度咨询业务收入为51.52亿美元，同比下降0.5%[9] - 2024年前三季度咨询业务收入为155.17亿美元，同比下降0.5%[9] - 基础设施收入下降7%[1] - 第三季度基础设施收入30亿美元，同比下降7%，其中混合基础设施下降9%，IBM Z下降19%，分布式基础设施下降3%，基础设施支持下降4%[3] - 2024年第三季度IBM基础设施业务收入为3,042百万美元,同比下降7.0%[14] - 2024年前三季度IBM基础设施业务收入为9,764百万美元,同比下降2.3%[16] - 2024年第三季度IBM金融服务业务收入为181百万美元,同比下降2.5%[14] - 2024年前三季度IBM金融服务业务收入为543百万美元,同比下降4.1%[16] 盈利情况 - 毛利率GAAP为56.3%，同比提升1.9个百分点；非GAAP为57.5%，同比提升2.1个百分点[2] - 2024年第三季度毛利率为56.3%，同比提升1.9个百分点[9] - 2024年前三季度毛利率为55.6%，同比提升1.6个百分点[9] - 2024年第三季度软件业务毛利率为83.2%，同比提升0.9个百分点[9] - 2024年前三季度软件业务毛利率为83.1%，同比提升0.8个百分点[9] - 2024年第三季度咨询业务毛利率为28.4%，同比提升0.8个百分点[9] - 2024年第三季度经营(非GAAP)税前利润为24.87亿美元，经营(非GAAP)税前利润率为16.6%，较上年同期增加3.3个百分点[18] - 2024年前三季度经营(非GAAP)税前利润为69.36亿美元，经营(非GAAP)税前利润率为15.3%，较上年同期增加3.2个百分点[20] - 2024年第三季度经营(非GAAP)每股收益为2.30美元，较上年同期增加0.10美元[18] - 2024年前三季度经营(非GAAP)每股收益为6.41美元，较上年同期增加1.82美元[20] - 2024年第三季度经营(非GAAP)税率为13.4%，较上年同期增加1.7个百分点[18] - 2024年前三季度经营(非GAAP)税率为13.6%，较上年同期增加10.4个百分点[20] - 2024年第三季度经营(非GAAP)营业利润率为14.4%，较上年同期增加2.5个百分点[18] - 2024年前三季度经营(非GAAP)营业利润率为13.3%，较上年同期增加2.4个百分点[20] 现金流情况 - 前三季度经营活动产生的现金流为91亿美元，自由现金流为66亿美元[2] - 预计第四季度收入增长与第三季度持平，全年自由现金流将超过120亿美元[5] - 公司经营活动产生的现金流量净额为30.9亿美元[22] - 调整后EBITDA为38亿美元[22] - 净利息费用为0.3亿美元[22] - 所得税费用为-0.5亿美元[22] - 融资应收款变动为0.9亿美元[22] - 其他资产和负债变动为-2.0亿美元[22]

Accelerated Software revenue growth, expanded gross profit margin, and strong free cash flowARMONK, N.Y., Oct. 23, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today announced third-quarter 2024 earnings results."Our third-quarter performance was led by double-digit growth in Software, including a re-acceleration in Red Hat. We continue to see great momentum in AI as our models are trusted, fit-for-purpose, and lower cost, with performance leadership. Our generative AI book of business now stands at more than $3 bi ...

CHICAGO - MAY 10: An IBM sign stands outside an IBM building May 10, 2005 in downtown Chicago, ... [+] Illinois. IBM has recently announced job cuts in its European operation of 10,000 to 13,000 workers, mainly in Britain, France, Germany and Italy. (Photo by Tim Boyle/Getty Images)Getty ImagesIBM Inc. scheduled to report earnings after Wednesday’s close. The stock just hit a record high near $237/share and is currently trading near that level. The stock is prone to big moves after reporting earnings and ca ...

International Business Machines (NYSE: IBM ), also known as IBM, has roughly doubled in price since its October 2023 low. Does this valuation surge make sense? Not really. In my view, IBM is a solid company, but the stock offers investors a wholeI objectively search for undervalued stocks of any size across a wide variety of industries using quantitative methods that I've thoroughly backtested for success. I believe the numbers are more important than the story (most of the time), as they tend to paint a mo ...

IBM Guardium Data Security Center provides unified, SaaS-first data security capabilities amid hybrid cloud, AI, and quantum transformationNew software part of IBM's comprehensive approach for protecting hybrid cloud and AIARMONK, N.Y., Oct. 22, 2024 /PRNewswire/ -- As hybrid cloud-, AI-, and quantum-related risks upend the traditional data security paradigm, IBM (NYSE: IBM) is launching IBM Guardium Data Security Center – allowing organizations to protect data in any environment, throughout its full lifecy ...