{"id":37937,"date":"2023-07-19T22:18:30","date_gmt":"2023-07-20T02:18:30","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/ibm-is-falling-after-a-mixed-second-quarter-earnings-report\/"},"modified":"2023-07-19T22:18:31","modified_gmt":"2023-07-20T02:18:31","slug":"ibm-is-falling-after-a-mixed-second-quarter-earnings-report","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=37937","title":{"rendered":"IBM is falling after a mixed second quarter earnings report"},"content":{"rendered":"
\n
\n

\u00a9 Reuters. <\/span>
\n<\/i>\n<\/div>\n

Investing.com — International Business Machines (NYSE:) was falling after a mixed second-quarter earnings report.<\/p>\n

IBM <\/span><\/span> shares are down more than 3% so far this year. They were down 0.7% in late trading.<\/p>\n

The adjusted earnings of $2.18 a share on revenue of $15.48 billion. Analysts expected earnings of $2.02 a share on revenue of $15.58B. Revenue was down 0.4% from last year.<\/p>\n

Software revenue rose 7%, while consulting revenue was up 4% and infrastructure revenue was down 15%.<\/p>\n

IBM said it continues to expect full year 2023 constant currency revenue growth of 3% to 5%. At current foreign exchange rates, currency is expected to be neutral to revenue growth. <\/p>\n

\u201cOrganizations are using our hybrid cloud and AI technology, and our consulting capabilities, to transform their operations,” said CEO Arvind Krishna. “We continue to respond to the needs of our clients who seek trusted, enterprise AI solutions, and we are particularly excited about the response to the recently launched watsonx AI platform. Finally, we remain confident in our revenue and free cash flow growth expectations for the full year.\u201d<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. Investing.com — International Business Machines (NYSE:) was falling after a mixed second-quarter earnings report. IBM shares are down more than 3% so far this year. They were down 0.7% in late trading. The adjusted earnings of $2.18 a share on revenue of $15.48 billion. Analysts expected earnings of $2.02 a share on revenue […]<\/p>\n","protected":false},"author":1,"featured_media":35781,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-37937","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nIBM is falling after a mixed second quarter earnings report | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. Investing.com -- International Business Machines (NYSE:) was falling after a mixed second-quarter earnings report. IBM shares are down more\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=37937\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IBM is falling after a mixed second quarter earnings report | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"\u00a9 Reuters. Investing.com -- International Business Machines (NYSE:) was falling after a mixed second-quarter earnings report. IBM shares are down more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=37937\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-20T02:18:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-20T02:18:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/07\/LYNXMPEA76143_L.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"728\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=37937#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=37937\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"IBM is falling after a mixed second quarter earnings report\",\"datePublished\":\"2023-07-20T02:18:30+00:00\",\"dateModified\":\"2023-07-20T02:18:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=37937\"},\"wordCount\":183,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=37937#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=37937\",\"url\":\"https:\/\/ifintechworld.com\/?p=37937\",\"name\":\"IBM is falling after a mixed second quarter earnings report | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-07-20T02:18:30+00:00\",\"dateModified\":\"2023-07-20T02:18:31+00:00\",\"description\":\"\u00a9 Reuters. Investing.com -- International Business Machines (NYSE:) was falling after a mixed second-quarter earnings report. IBM shares are down more\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=37937#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=37937\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=37937#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IBM is falling after a mixed second quarter earnings report\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"IBM is falling after a mixed second quarter earnings report | iFintechWorld","description":"\u00a9 Reuters. Investing.com -- International Business Machines (NYSE:) was falling after a mixed second-quarter earnings report. IBM shares are down more","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=37937","og_locale":"en_US","og_type":"article","og_title":"IBM is falling after a mixed second quarter earnings report | iFintechWorld","og_description":"\u00a9 Reuters. Investing.com -- International Business Machines (NYSE:) was falling after a mixed second-quarter earnings report. IBM shares are down more","og_url":"https:\/\/ifintechworld.com\/?p=37937","og_site_name":"iFintechWorld","article_published_time":"2023-07-20T02:18:30+00:00","article_modified_time":"2023-07-20T02:18:31+00:00","og_image":[{"width":728,"height":483,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/07\/LYNXMPEA76143_L.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=37937#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=37937"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"IBM is falling after a mixed second quarter earnings report","datePublished":"2023-07-20T02:18:30+00:00","dateModified":"2023-07-20T02:18:31+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=37937"},"wordCount":183,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=37937#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=37937","url":"https:\/\/ifintechworld.com\/?p=37937","name":"IBM is falling after a mixed second quarter earnings report | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-07-20T02:18:30+00:00","dateModified":"2023-07-20T02:18:31+00:00","description":"\u00a9 Reuters. Investing.com -- International Business Machines (NYSE:) was falling after a mixed second-quarter earnings report. IBM shares are down more","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=37937#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=37937"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=37937#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"IBM is falling after a mixed second quarter earnings report"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/37937","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37937"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/37937\/revisions"}],"predecessor-version":[{"id":37938,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/37937\/revisions\/37938"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/35781"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}