IBM (IBM) CEO Fully Expects Improving Growth This Year Into Mid-2021, Expects Mid-Single-Digit Growth in Medium Term - Bloomberg, Citing WSJ Event

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Go back to IBM (IBM) CEO Fully Expects Improving Growth This Year Into Mid-2021, Expects Mid-Single-Digit Growth in Medium Term - Bloomberg, Citing WSJ Event

IBM Reports 2020 Third-Quarter Results

October 19, 2020 4:12 PM EDT

Strong Cloud Revenue Growth; Gross Margin Expansion; Solid Balance Sheet and Liquidity Position

ARMONK, N.Y.--(BUSINESS WIRE)-- IBM (NYSE: IBM) today announced third-quarter 2020 earnings results.

The strong performance of our cloud business, led by Red Hat, underscores the growing client adoption of our open hybrid cloud platform," said Arvind Krishna, IBM chief executive officer. "Separating the managed infrastructure services business creates a market-leading standalone company and further sharpens our focus on IBM's open hybrid cloud platform and AI capabilities. This will accelerate our... More