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CLAIM #30961 · IBM (IBM) · 2022Q3 earnings call · Oct 19, 2022 · due Dec 31, 2022

Right now, I tell you, good pipelines based on the first nine months of the year, we expect yields to remain good or even better than before.

Arvind Krishna · CEO

CANNOT_DETERMINE
versus commitment · official band 5 percent
Committed
we expect yields to remain good or even better than before
Reported
signings growth of 17%

In context

eks as opposed to right now. If I look at our pipeline, pipeline indicates the strength that we are seeing. That is what gave us confidence to say that we see revenue coming in above our mid-single digit growth model. We see the pipelines are strong across software and hardware. So the very strong hardware growth in the third quarter that is captured in the infrastructure business, I think that all reflects the demand that is there and across geographies. So not any particular single market being strong. If I look at, then software, I expect that the overall growth will remain strong. Would there be some puts and takes in a couple of small countries as possible. But that is the advantage of having a business that goes across 170 countries where that tends to get absorbed into the overall. Right now, I tell you, good pipelines based on the first nine months of the year, we expect yields to remain good or even better than before. And that’s this piece. And I’ll just make a comment. I would like to say, as Jim pointed out in his prepared remarks that there is an impact on FX that is probably the biggest impact to what we are seeing right now. I certainly, I’ll say hope that we are seeing the end of the dollar strengthening as opposed to another significant change. Jim Kavanaugh: So Wamsi to that point, as you know, our two key measures of success since Arvind has taken over as Chairman and CEO has been revenue growth profile, converting this portfolio into a sustainable growth orientation and second free cash flow generation. So, we can have the financial flexibility to continue to invest in our business. And on that, we said maintaining guidance of about $10 billion. I’ll remind everyone that $10 billion is up ove

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SEC filings for IBM · Claim quote is verbatim from the 2022Q3 earnings call.