<ul><li>IBM Corp. reported third-quarter earnings of $2.30 per share, slightly below consensus estimates, causing a dip in the stock price.</li><li>Revenues rose 2% YoY on a constant currency basis, but fell slightly below expectations.</li><li>Executives highlighted the growth in the software business, which now accounts for 45% of revenue and grew 10% YoY.</li><li>IBM expects revenue to grow 1-2% in Q4 and sees promising potential in its generative AI business.</li></ul>

IBM revenue misses, but execs say AI will drive future growth

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