IBM said its third-quarter revenue increased 5% from a year earlier, beating analyst expectations, according to a Bloomberg-cited update carried by Techub. The company also said that most infrastructure deals that had been delayed earlier this year have now resumed. The brief update points to a recovery in a part of IBM’s business that had seen transactions pushed back in prior months. No additional financial details were provided in the source summary beyond the year-over-year revenue growth figure and the company’s comment on infrastructure deal activity. Bloomberg was cited as the source of the report, while Techub published the item as a news brief.
IBM said third-quarter revenue rose 5% from a year earlier, topping analyst expectations, according to a Bloomberg-cited brief published by Techub.
The company said most infrastructure deals that were delayed earlier this year have resumed.
Bloomberg was cited as the source.
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