IBM Delivers Q2 Double Beat, 'Taking Action' to Accelerate Revenue Growth, Profitability - IBM (NYSE:IBM)

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IBM Q2 HighlightsIBM reported second-quarter revenue of $17.16 billion, beating the consensus estimate of $16.86 billion, according to Benzinga Pro. The company reported second-quarter adjusted earnings of $2.93 per share, beating analyst estimates of $2.86 per share.Total revenue was up 1% on a year-over-year basis. Here’s a breakdown of revenue by category.

Software: up 5% year-over-year

Consulting: up 1% year-over-year

Infrastructure: down 7% year-over-year