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IBM(IBM Quote) will post third-quarter earnings above analysts' expectations, but revenue will come up short - and neither figure changes the tech giant's full-year profit outlook.
IBM said late Wednesday that continuing operations profit rose 22% to $2.05 a share, while net income grew 20% to $2.8 billion.
Revenue added 5% to $25.3 billion, helped by 3 percentage points of currency benefit.
Gross profit margin rose to 43.3% from 41.3% in they year-ago quarter. ...
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