secwatch.observer — SEC 8-K summary
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Issuer:     INTERNATIONAL BUSINESS MACHINES CORP (IBM)
CIK:        0000051143
Form:       8-K
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0000051143-24-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IBM Q4 revenue $17.4B +4% YoY; guides FY2024 FCF ~$12B
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- Q4 GAAP EPS $3.54 (+13%); non-GAAP $3.87 (+8%). Revenue $17.4B (+4%, +3% cc).
- Software $7.5B (+3%), Consulting $5.0B (+6%), Infrastructure $4.6B (+3%).
- Full-year free cash flow $11.2B (+$1.9B); FY2024 FCF guidance ~$12B.
- AI book of business (watsonx/gen AI) roughly doubled Q3→Q4; 2024 rev growth seen mid-single digit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/51143/000005114324000004/0000051143-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/51143/000005114324000004/ibm-20240124.htm
  HTML page:      https://secwatch.observer/filing/0000051143-24-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer