IBM's ecosystem continues to gain traction and its core Consulting usiness saw double-digit revenue growth once again. The company generated $16.7 billion in revenue, a 58% operating gross margin, and $3.35 in operating earnings per share. The strength of Red Hat and its automation offerings is reflected in its software revenue growth. Infrastructure performed well in the recent quarters for IBM, particularly in terms of IBM Z and storage. In addition, they have expanded their partnership with E ....
06 Feb 2022
International Business Machines (IBM) - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 2/22
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International Business Machines (IBM) - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 2/22
- Published:
06 Feb 2022 -
Author:
Ishan Majumdar -
Pages:
15 -
IBM's ecosystem continues to gain traction and its core Consulting usiness saw double-digit revenue growth once again. The company generated $16.7 billion in revenue, a 58% operating gross margin, and $3.35 in operating earnings per share. The strength of Red Hat and its automation offerings is reflected in its software revenue growth. Infrastructure performed well in the recent quarters for IBM, particularly in terms of IBM Z and storage. In addition, they have expanded their partnership with E ....