IBM beat Wall Street estimates with Q3 earnings of $2.65 per share and revenue of $16.33 billion
IBM stock tumbled by 5% in after-hours trading on Wednesday after the company reported stronger-than-expected Q3 results but failed to convince investors that its software and AI growth could sustain the growth expectations they have for it. In its Q3 earnings report, IBM said revenue profits surged back into positive territory, and full-year guidance improved. [...]