Software and consulting boost IBM results to start the year
CIO Business Intelligence
APRIL 20, 2022
Revenue for the first quarter of 2022 was $14.2 Net income from continuing operations jumped 64% to $662 million. Both IBM’s software and consulting segments saw strong revenue growth, with software generating $5.8 billion, which was up 8% from 2021 and beat analyst expectations of $13.9 billion, which was up 13%.
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