Bloomberg Technology

IBM Revenue Beats Estimates on Boost From Cloud Demand

Jul.20 — International Business Machines Corp. beat analysts’ estimates for revenue in the second quarter, with cloud sales helping offset coronavirus-fueled declines in its consulting services business. Julie Bhusal Sharma, analyst at Morningstar, discusses IBM’s second-quarter earnings report on “Bloomberg Technology.”

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Jul.20 — International Business Machines Corp. beat analysts’ estimates for revenue in the second quarter, with cloud sales helping offset coronavirus-fueled declines in its consulting services business. Julie Bhusal Sharma, analyst at Morningstar, discusses IBM’s second-quarter earnings report on “Bloomberg Technology.”

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