IBM reports Q4 revenue of $16.7B, up 6% YoY, and net income up 72% YoY to $2.3B; stock jumps ~5% after hours (Jordan Novet/CNBC)

Jordan Novet / CNBC:
IBM reports Q4 revenue of $16.7B, up 6% YoY, and net income up 72% YoY to $2.3B; stock jumps ~5% after hours  —  – IBM executives have been telling investors to look for mid-single digit revenue growth.  — The company spun out its managed infrastructure services unit during the quarter into a publicly held company named Kyndryl.