International Business Machines Corporation (NYSE: IBM) reported stronger-than-expected earnings and revenues for the second quarter of 2024.
Second-quarter revenues came in at $15.77 billion, compared to $15.48 billion in the corresponding period of 2023. Adjusted earnings from continuing operations were $2.43 per share in Q2, compared to $2.18 per share a year earlier.
On an unadjusted basis, the June-quarter net profit was $1.83 billion or $1.96 per share, compared to $1.58 million or $1.72 per share in the corresponding period last year.