International Business Machines Corp's
Continue Reading Below
The company's net income fell to $2.73 billion, or $2.92 per share, in the third-quarter ended Sept. 30, from $2.85 billion, or $2.98 per share, a year earlier.
Revenue fell 0.4 percent to $19.15 billion.
IBM's revenue has declined for nearly six years as the company continues to exit some legacy businesses, while bolstering its cloud services.
(Reporting by Pushkala A and Laharee Chatterjee in Bengaluru; Editing by Sriraj Kalluvila)