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Figma vs. IBM: What Revenue Growth Trends Tell Investors About the Young Software Design Company and the Veteran Artificial Intelligence Tech Giant
['Robert Izquierdo', 'The Motley Fool', 'July', 'Min Read']
Yahoo Finance
Figma: Sustaining Consistent Revenue GrowthFigma (NYSE:FIG) generates revenue by selling subscriptions to its collaborative, browser-based design and prototyping software.
IBM: Navigating Revenue FluctuationsInternational Business Machines (NYSE:IBM) delivers comprehensive technology solutions, consulting services, and hybrid cloud infrastructure to global enterprise clients.
IBM's volatile sales trend speaks to the choppy nature of selling hardware and consulting services.
This combined with missing Wall Street's Q2 revenue expectations amid the AI boom understandably worried investors, sending IBM shares to a 52-week low of $199.19 on July 23.
That trend is expected to extend into Q2 with a forecast of revenue between $348 million to $350 million.