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IBM BEATS Q1 ESTIMATES, STOCK FALLS 6%

IBM reported first-quarter revenue of $15.92 billion, exceeding analyst estimates of $15.62 billion, with software revenue climbing 11% to $7.05 billion. Despite the beat and maintained full-year guidance, shares dropped 6% in after-hours trading.

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IBM reports Q1 revenue up 9% YoY to $15.92B, vs. $15.62B est., software revenue up 11% to $7.05B, and maintains FY 2026 guidance; IBM drops ~6% after hours (Jordan Novet/CNBC)

Jordan Novet / CNBC: IBM reports Q1 revenue up 9% YoY to $15.92B, vs. $15.62B est., software revenue up 11% to $7.05B, a…

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