The company reiterated its forecast for mid-single-digit revenue growth in 2022, compared with 3.9% last year.
Revenue at IBM's consulting business rose 13.1%, while cloud revenue jumped 16% to $6.2 billion in the quarter. US revenue rose in the mid-single digits during the quarter as the Omicron variant raged across the country, Kavanaugh said, adding that industries hit hard early by the pandemic were bouncing back.
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