IBM reports Q3 revenue of $17.6B, down 2.6% YoY, vs $17.54B est, total cloud revenue of $6.0B, up 19% YoY, with Red Hat revenue rising 17% YoY (Larry Dignan/ZDNet)

Larry Dignan / ZDNet:
IBM reports Q3 revenue of $17.6B, down 2.6% YoY, vs $17.54B est, total cloud revenue of $6.0B, up 19% YoY, with Red Hat revenue rising 17% YoY  —  The company reported non-GAAP third quarter earnings of $2.58 a share on revenue of $17.6 billion, down 2.6% from a year ago.

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