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IBM blows past estimates, but declines to raise full-year forecast, tanking the stock

  • Paul Gillin--SiliconANGLE News
  • published date: 2026-04-22 22:56:13 UTC

IBM Corp. reported revenue and earnings that topped analysts’ expectations, but its stock price dropped more than 7% in early after-hours trading as the firm declined to raise full-year estimates. Revenue rose 6%, to $15.9 billion, at constant currency, ahead…

IBM Corp. reported revenue and earnings that topped analysts’ expectations, but its stock price dropped more than 7% in early after-hours trading as the firm declined to raise full-year estimates. R… [+4693 chars]