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IBMNews

IBM beats on top and bottom lines as CEO Krishna touts 'Super Intelligence' traction

Source: Autobound Signal API · 173 signals tracked for IBM · updated

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What happened

IBM agreed to acquire HRL Laboratories from Boeing and General Motors for an undisclosed sum.

Source

Article excerpt

In this article IBM shares climbed in extended trading on Wednesday after the technology vendor reported better-than-predicted third-quarter results. Here's how the company performed relative to LSEG consensus: IBM's revenue grew about 5% from a year ago, according to a statement. Net income, at $2.19 billion, or $2.30 per share, increased from $1.74 billion, or $1.84 per share, a year ago. Adjusted earnings exclude acquisition-related adjustments. "Our clients are now deploying 'Super Intelligence' in ways that transform entire operating models, instead of simply addressing narrow or novel problems," IBM CEO Arvind Krishna was quoted as saying in a statement. With respect to guidance, IBM called for full-year free cash flow to increase by more than $1 billion. The forecast as of July was a bump of approximately $1 billion. IBM still sees 2026 constant-currency revenue growth between 4% and 5%. In the third quarter, IBM generated $7.80 billion in software revenue $7.80, growing 8% and topping the $7.66 billion consensus among analysts polled by StreetAccount. Consulting revenue, at $5.34 billion, was flat and just below StreetAccount's $5.37 billion consensus. Infrastructure revenue came to $3.70 billion. That was up 4% and higher than the $3.57 billion consensus from StreetAccount. The company's adjusted gross margin, at 58.5%, was narrower than the StreetAccount consensus...

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Extracted from this sentence

During the quarter, IBM said it agreed to buy Boeing and General Motors' HRL Laboratories , formerly known as Hughes Aircraft's research division, for an undisclosed sum.

Extracted by Autobound

From the Signal API record
Event
News

What this signalsIntegration work after a deal often opens needs for new systems and services.

Companies

  • HRL LaboratoriesTargethrl.com

The full record

From the Signal API record

Extraction

Confidence
90%
Detected
Oct 21, 2026
signal_type
news
signal_subtype
acquires

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/2f62bae4-efe5-d480-e530-a2e252e25620 returns this record as JSON. POST /v1/companies/enrich returns every signal for ibm.com.

{
  "signal_id": "2f62bae4-efe5-d480-e530-a2e252e25620",
  "signal_type": "news",
  "signal_subtype": "acquires",
  "detected_at": "2026-10-21T20:29:47+00:00",
  "company": {
    "name": "IBM",
    "domain": "ibm.com"
  },
  "data": {
    "url": "https://www.cnbc.com/2026/10/21/ibm-q3-earnings-report-2026.html",
    "title": "IBM beats on top and bottom lines as CEO Krishna touts 'Super Intelligence' traction",
    "excerpt": "In this article IBM shares climbed in extended trading on Wednesday after the technology vendor reported better-than-predicted third-quarter results. Here's how the company performed relative to LSEG consensus: IBM's revenue grew about 5% from a year ago, according to a statement . Net income, at $2.19 billion, or $2.30 per share, increased from $1.74 billion, or $1.84 per share, a year ago. Adjusted earnings exclude acquisition-related adjustments. \"Our clients are now deploying 'Super Intelligence' in ways that transform entire operating models, instead of simply addressing narrow or novel problems,\" IBM CEO Arvind Krishna was quoted as saying in a statement. With respect to guidance, IBM called for full-year free cash flow to increase by more than $1 billion. The forecast as of July was a bump of approximately $1 billion. IBM still sees 2026 constant-currency revenue growth between 4% and 5%. In the third quarter, IBM generated $7.80 billion in software revenue $7.80, growing 8% and topping the $7.66 billion consensus among analysts polled by StreetAccount. Consulting revenue, at $5.34 billion, was flat and just below StreetAccount's $5.37 billion consensus. Infrastructure revenue came to $3.70 billion. That was up 4% and higher than the $3.57 billion consensus from StreetAccount. The company's adjusted gross margin, at 58.5%, was narrower than the StreetAccount consensus...",
    "summary": "IBM agreed to acquire HRL Laboratories from Boeing and General Motors for an undisclosed sum.",
    "planning": true,
    "image_url": "https://image.cnbcfm.com/api/v1/image/108325138-1782164165730-gettyimages-2282302427-2282815859.jpeg?v=1792611121&w=1920&h=1080",
    "confidence": 0.9,
    "published_at": "2026-10-21T20:29:47Z",
    "article_sentence": "During the quarter, IBM said it agreed to buy Boeing and General Motors' HRL Laboratories , formerly known as Hughes Aircraft's research division, for an undisclosed sum.",
    "related_company_name": "HRL Laboratories",
    "related_company_domain": "hrl.com"
  }
}

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