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Benzinga
Benzinga
Business
Adam Eckert

EXPLAINED: Why ibm shares are rising today - The Real Truth

IBM International Business Machines Corp NYSE

International Business Machines Corp (NYSE:IBM) is trading higher Tuesday after the company announced better-than-expected fourth-quarter financial results.

IBM reported quarterly earnings of $3.35 per share, which beat the estimate of $3.14 per share. The company reported quarterly revenue of $16.7 billion, which beat the estimate of $16.06 billion.

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