Worldwide Enterprise Machines Company (NYSE: IBM) on Wednesday reported a rise in adjusted earnings and revenues for the third quarter of 2024.
Third-quarter revenues got here in at $15.0 billion, in comparison with $14.75 billion within the corresponding interval of 2023. Adjusted earnings from persevering with operations had been $2.30 per share in Q3, in comparison with $2.20 per share a yr earlier.
On an unadjusted foundation, the corporate reported a web lack of $330 billion or $0.36 per share, in comparison with a revenue of $1.70 billion or $1.84 per share within the prior yr quarter.
