🔴 IBM falls 7.7% after-hours despite Q1 earnings beat as company reiterates guidance

IBM is trading at $232.75 (-7.69%) in after-hours sessions despite reporting Q1 2026 earnings that exceeded analyst expectations.

• Revenue: $15.9B (+9% YoY) vs. $15.6B expected.
• EPS: $1.91 (+19% YoY) vs. $1.81 expected.
• The stock is trading lower after the company reaffirmed its full-year revenue growth guidance of at least 5%, which disappointed investors who may have anticipated an upward revision after the strong quarterly results.