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IBM's Financial Report Fails to Assuage Investor Concerns Over Tariff Impact and Federal Spending Cuts; Share Price Drops in After-Hours Trading
2025-04-24 /
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Author：小编
IBM's first-quarter revenue totaled $14.5 billion, marking a year-over-year increase of nearly 1%, with earnings per share at $1.6, surpassing market projections. Nonetheless, amidst the repercussions of President Trump's tariff policy and apprehensions regarding federal spending reductions, IBM's share price plummeted by over 6% in after-hours trading. While the software business segment witnessed a 7% revenue uptick, the consulting department reported a 2% decline. The company's total orders pertaining to artificial intelligence surpassed $6 billion. Despite these robust financial results, they fell short of investors' lofty expectations.
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