In-line outlook, cloud revenue push IBM shares up after Q2 results

Earnings of technology conglomerate IBM (IBM) rose 3% in the second quarter, as strong cloud revenue lifted the top line. Earnings adjusted for special items increased by 4.8%. Shares of IBM rose 0.95% in the after-hours trading as its outlook remained unchanged. Net income rose 5.6% to $2.63 per share during the quarter. Excluding one-time … Continue reading In-line outlook, cloud revenue push IBM shares up after Q2 results