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IBM’s Expected Revenue Growth in the Third Quarter

Aaron Hemsworth
IBM’s Expected Revenue Growth in the Third Quarter

Analysts expect IBM’s (IBM) revenues to be ~$19.1 billion in the third quarter, which reflects a decline of 0.2% YoY (year-over-year). However, IBM’s total revenues in the second quarter improved 3.9% YoY to ~$20 billion. In the following graph, you can see IBM’s overall revenue trend in the last five quarters. During this period, IBM grew at a compound annual growth rate of 1%.