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March 10 - The U.S. Supreme Court on Monday declined to take up a contract dispute between IBM (IBM.N), opens new tab and rival BMC Software that previously resulted in a $1.6 billion judgment for ...
IBM loses US government contracts due to DOGE The news came as IBM announced its first-quarter results for fiscal year 2025, noting a small 1% year-over-year increase in revenue to $14.5 billion.
International Business Machines Corp. won a court decision overturning $1.6 billion in damages it was ordered to pay BMC Software Inc. in 2022 for swapping in its own software while servicing ...
IBM posted an adjusted profit of $1.60 per share, $0.20 more than the average of analysts surveyed by Visible Alpha. Revenue rose 0.5% year-over-year to $14.54 billion, also ahead of forecasts.
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