IBM (NYSE: IBM) reported income of $17.4 billion for the fourth quarter of 2023, up 4% year-over-year. Income was up 3% at fixed foreign money.
Internet revenue grew 14% to $3.3 billion whereas EPS rose 13% to $3.54. Adjusted EPS rose 8% to $3.87.
For the total yr of 2024, the corporate expects fixed foreign money income development in keeping with its mid-single digit mannequin.