IBM Q3 earnings top estimates, maintains guidance

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International Business Machines (IBM) reported third quarter earnings that beat analyst estimates. IBM reported adjusted earnings of $2.20 per share versus...

) reported third quarter earnings that beat analyst estimates. IBM reported adjusted earnings of $2.20 per share versus Wall Street estimates of $2.12. Revenue of $14.75 billion was better than the expected $14.68 billion. IBM Chairman and CEO Arvind Krishna credits customers' adoption of watsonx AI as part of the reason for the earnings beat. Yahoo Finance Live breaks down the report.

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