IBM Second-Quarter Earnings Advance on 9% Sales Growth



International Business Machines reported 9% sales growth in second-quarter results that also reflected some of the wider concerns tech investors confront as the sector kicks off its earnings season.

IBM on Monday said revenue for the April through June period reached $15.5 billion after Chief Executive Arvind Krishna vowed to reinject growth into the business. As part of that plan, IBM spun off some of its declining operations last year.



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