04:22 PM EDT, 10/22/2025 (MT Newswires) -- International Business Machines ( IBM ) reported Q3 adjusted earnings late Wednesday of $2.65 per diluted share, up from $2.30 a year earlier.

Analysts polled by FactSet expected $2.45.

Revenue in the three months ended Sept. 30 rose to $16.33 billion from $14.97 billion a year earlier.

Analysts polled by FactSet expected $16.09 billion.

The company said it now expects constant currency revenue growth of more than 5% for full-year 2025, versus its prior outlook of at least 5%.

The company keeps its quarterly dividend at $1.68 per share, payable Dec. 10 to holders of record Nov. 10.

IBM ( IBM ) shares fell 4.5% in recent after-hours activity.