IBM (IBM) 2024 Q3 Earnings Digest

IBM's press release announces their third-quarter 2024 financial results, highlighting strong revenue growth driven by software, particularly in the area of artificial intelligence (AI). The company expects similar revenue growth in the fourth quarter and a total of more than $12 billion in free cash flow for the year. Notably, IBM's AI book of business has surpassed $3 billion, a significant increase from the previous quarter. The report also provides details about IBM's revenue by segment, cash flow, and balance sheet.