Ultima Markets: 【 Market hotspots 】IBMbenefitAIApplication warming, stock price breaking through the encirclement

IBM (IBM.US) publish 2023 Strong Q4 performance with annual revenue growth 4%, reaching 174 USD100mn Net profit increased 33 Billion US dollars, converted to earnings per share 3.55 US dollars. Adjusted earnings per share reached 3.87 USD, exceeding analyst forecasts 3.79 USD.

And 2022 Compared to previous years,IBM Annual revenue growth 2%, reaching 619 USD100mn Realize free cash flow112 Billion US dollars, surpassing the set by management 105 Target of 100 million US dollars. IBMThe gross profit margin has surged in the past quarter 59.1% , creating 1999 The highest performance since the beginning of the year.

IBM Chief Financial OfficerJamesKavanaughAdmitting in an interview that the company is facing an exceptionally unpredictable, unstable, and difficult macroeconomic environment. IBM Chairman and CEOArvind Krishna In the financial report, we commented: "We have seen an accelerated growth in customer demand for artificial intelligence, and our..."WatsonxThe business of generative artificial intelligence solutions has basically doubled between the third and fourth quarters

In terms of forward-looking guidance,IBM forecast 2024 Annual free cash flow can reach 120 At a fixed exchange rate of billions of US dollars, revenue will achieve a median percentage growth. Chief Financial OfficerJamesKavanaughDuring the financial report conference call, it was said: "At the beginning of this year, it is wise and conservative to expect performance to approach the lower limit of this range."

(IBM Half year line chart of stock price performance)

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