Kyndryl Holdings

Kyndryl Holdings, Inc. operates as a technology services company, which engages in the provision of infrastructure services. It designs, builds, manages, and modernizes the mission-critical technology systems that the world depends on every day. The company was founded on December 4, 2020 and is headquartered in New York, NY.

Earnings data Q4 2021

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Kyndryl exceeds targets and sees opportunities in global expansion

Kyndryl's Q4 2023 Earnings Call highlighted strong performance, challenges in reducing focus accounts, and opportunities in client environments and global expansion. The company's three A's initiatives have created substantial value and positioned it for future growth.

Kyndryl exceeds expectations, raises outlook, and focuses on high-margin services

Kyndryl is on track to deliver revenue growth in calendar 2025 and is confident in its ability to drive progress and expand capabilities. The company's focus on higher-margin services, such as Kyndryl Consult, is expected to contribute significantly to revenue and margin growth. While facing some one-time costs, Kyndryl is optimistic about its future performance and the opportunities ahead.

Kyndryl reports revenue growth and strategic alliances, eyes shareholder returns

Kyndryl is driving progress in key initiatives, facing challenges from currency impacts and separation-related expenses. The company's strong financial position, focus on sustainability, and growth opportunities position it well for future success.

Kyndryl surpasses targets, focuses on growth and profitability strategies

Kyndryl's strong performance in exceeding targets and improving margins reflects operational efficiency and strategic focus on key initiatives.
While challenges exist in managing macro uncertainties and optimizing revenue retention strategies, opportunities in growth and innovation are evident.
The company's emphasis on customer-centric solutions, operational excellence, and financial discipline bode well for future success and profitability.
Overall, Kyndryl's Q4 earnings call highlights a balanced approach to addressing challenges and leveraging opportunities for sustained growth.

Kyndryl exceeds Q1 expectations, eyes revenue growth and margin improvement

Kyndryl's Q1 2024 performance exceeded expectations, with a positive outlook for the year. The company is focused on revenue growth, margin improvement, and addressing substandard margins. Despite challenges with significant costs this year, Kyndryl remains confident in its ability to drive earnings and convert them into free cash flow over the medium term.

Kyndryl reports resilient Q2 performance, eyes growth in key sectors

Kyndryl Holdings showcased strong performance in Q2 2024 despite a revenue decline, with a focus on margin expansion, free cash flow growth, and exceeding targets for advanced delivery initiatives.
The company's strengths lie in its leadership position, strategic alliances, and higher-margin revenue streams, while facing challenges in profit realization visibility and workforce execution.
Opportunities for Kyndryl include growth in key areas like cloud, security, and AI, as well as a continued focus on margin expansion, customer value enhancement, and sustainable growth strategies.

Kyndryl reports stable Q3 performance, eyes growth through tech alliances

Kyndryl Holdings showcased improved operational efficiency and financial stability despite a decline in revenue, with a focus on profitability and growth drivers.
The company's strategic alliances with tech leaders and advanced delivery efforts position it well for future innovation and revenue generation.
While facing challenges from software cost increases and macroeconomic conditions, Kyndryl is optimistic about future prospects and revenue growth starting in 2025.
Opportunities lie in expanding consult revenues, strengthening partnerships, and transitioning towards higher-margin post-spin signings for sustained profitability.

Kyndryl Holdings posts record signings and consult revenue growth

Kyndryl Holdings reported a strong quarter with record signings and robust consult revenue growth.
While facing revenue decline challenges, the company's focus on hyperscaler partnerships and sustainable growth strategies bode well for future performance.
Addressing cybersecurity concerns and leveraging tech modernization opportunities will be key for Kyndryl's continued success.
Overall, Kyndryl's strategic strengths position it to navigate challenges and capitalize on growth opportunities in the market.

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Kyndryl Holdings, Inc. is a technology services company, which engages in the provision of infrastructure services. It operates through the following segments: United States, Japan, Principal Markets, and Strategic Markets. The Principal Markets segment represents the aggregation of operations in Australia, New Zealand, Canada, France, Germany, India, Italy, Spain, Portugal, the United Kingdom, and Ireland. The company was founded on December 4, 2020 and is headquartered in New York, NY.

Kyndryl Holdings, Inc. (KD) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Kyndryl Holdings, Inc. (KD) Is Attractively Priced Despite Fast-paced Momentum

Charitable foundation seeks to award grants to  nonprofit organizations offering cybersecurity skilling and cyber resilience support NEW YORK , Sept. 18, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced the launch of the Kyndryl Foundation, a private, nonprofit foundation that delivers trust-based philanthropic grants to support communities through programs that address critical societal issues.

Kyndryl Foundation Launches to Power Progress in Local Communities

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Kyndryl was spun off from IBM in 2021 and has performed poorly due to the lack of top-line growth. However, the company has been vigorously executing a strategic framework to improve profitability. The strategy has been yielding better than expected results but KD stock continues to trade at a depressed valuation, representing a perfect opportunity to go long.

Kyndryl: Attractive Turnaround Opportunity Mispriced By The Market

Survey respondents rate security and mainframe skills as top priorities and crucial to the success of their transformation initiatives NEW YORK , Sept. 12, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today unveiled the findings of its inaugural global survey and analysis of the current and future state of mainframe modernization for businesses.

Kyndryl Survey Reveals Mainframe Modernization is Driving More Than $12B Collective Cost Savings for Those Surveyed

NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today released its first Corporate Citizenship Report. The report provides details on the company's progress across three pillars — the Environment, Our People and Communities, and Trust — articulating the company's commitment to address environmental, social and governance priorities, while also building long-term value for stakeholders. “As a purpose-driven company, we've committed to opera.

Kyndryl Releases First Corporate Citizenship Report

NEW YORK--(BUSINESS WIRE)--Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced that Chief Financial Officer David Wyshner will speak at the Citi Global Technology Conference on Friday, September 8, 2023 at 10:30 a.m. ET. During the course of the event, he will discuss information regarding the Company's business and/or financial performance. To listen to the live webcast, please visit Kyndryl's investor relations website at investors.kyndr.

Kyndryl to Speak at the Citi Global Technology Conference on September 8

Kyndryl Holdings, Inc. (KD) Shows Fast-paced Momentum But Is Still a Bargain Stock

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KD, GLAD and FBIZ made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 24, 2023.

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NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced an expanded technology partnership with Cisco to deliver services focused on cyber resilience. Through this partnership, Kyndryl will utilize Cisco's comprehensive portfolio of network software, hardware and equipment with Kyndryl's cyber resilience framework to help customers proactively address and respond to cyber incidents. Cisco's open platform (Cisco Security Cloud) will.

Kyndryl and Cisco Expand Partnership Focusing on Cyber Resilience

NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced it has become a VMware Cross-Cloud Managed Services Provider. Kyndryl has achieved the VMware Managed Services Specialization and has completed a Validated Service Offering (VSO) for VMware Cloud on AWS. Through this expanded collaboration, Kyndryl and VMware are committed to providing customers peace of mind to focus on their strengths and innovate their businesses, while kno.

Kyndryl Becomes a VMware Cross-Cloud Managed Services Provider

Here Is Why Bargain Hunters Would Love Fast-paced Mover Kyndryl Holdings, Inc. (KD)

NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, and Care New England, a nonprofit healthcare system in Rhode Island, today announced a collaboration to help enable growth across the health system, by consolidating multiple electronic medical record (EMR) systems to one end-to-end system with Epic (a leading provider of EMRs). Kyndryl will lead the healthcare system's transition to one single instance of Epic. The goal of this program is to.

Care New England Taps Kyndryl to Help Improve Patient Care

NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest technology infrastructure services provider, and Microsoft today announced a joint effort to enable the adoption of enterprise-grade generative AI solutions for businesses on The Microsoft Cloud. Leveraging the partnership's Joint Innovation Centers, Kyndryl's growing patent portfolio in data and AI, and its access to Microsoft 365 Copilot, Azure OpenAI Service and Microsoft Fabric, the two companies will rapidly design, develop.

Kyndryl and Microsoft Collaborate to Speed the Evaluation and Adoption of Enterprise-Grade Generative AI for Business

The tech company posted its latest set of quarterly results. Although it didn't manage to improve its revenue on a year-over-year basis, it did much better on the bottom line.

Why Kyndryl Holdings Stock Crushed the Market Today

Kyndryl Holdings, Inc. (NYSE:KD ) Q1 2024 Earnings Conference Call August 8, 2023 8:30 AM ET Company Participants Lori Chaitman - Global Head, IR Martin Schroeter - Chairman & CEO David Wyshner - CFO Conference Call Participants Tien-Tsin Huang - JPMorgan Chase & Co. James Friedman - Susquehanna Financial Group Divya Goyal - Scotiabank Operator Good morning, ladies and gentlemen. Welcome to Kyndryl's First Fiscal Quarter 2024 Earnings Conference Call.

Kyndryl Holdings, Inc. (KD) Q1 2024 Earnings Call Transcript

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Kyndryl Holdings, Inc. (KD) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.55. This compares to loss of $1.11 per share a year ago.

Kyndryl Holdings, Inc. (KD) Reports Break-Even Earnings for Q1

The IBM spinoff posted better-than-expected June quarter results.

Kyndryl Shares Spike on Improving Outlook

Kyndryl Holdings Inc. shares rallied in the extended session Tuesday after the managed infrastructure-service company posted a surprise break-even quarter and forecast pretax profit this year.

Kyndryl's stock rallies more than 15% after IBM spinoff forecasts pretax profit this year

NEW YORK--(BUSINESS WIRE)--Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today released financial results for the quarter ended June 30, 2023, the first quarter of its 2024 fiscal year. “We're relentlessly transforming our business, and this past quarter represented an important turning point. We now expect to generate adjusted pretax profit this fiscal year and going forward. This return to profit, driven by our strong execution, positions us well.

Kyndryl Reports First Quarter Fiscal 2024 Results and Raises Its Full-Year Earnings Outlook

Kyndryl Holdings is the largest IT infrastructure services provider globally, with operations in 60 countries. The company's stock has underperformed its peers since its spin-off in Nov. 2021, but it is an underappreciated play with potential for higher valuation. Kyndryl's turnaround plan includes initiatives focused on alliances, advanced delivery, and accounts to drive revenue and profitability.

Kyndryl: The Improving Financial Profile Warrants Some Re-Rating

NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced that it has significantly expanded the services it offers to enable enterprise customers to quickly detect and effectively respond to and recover from cyberattacks. Kyndryl's new end-to-end security operations capabilities and services will enable the Company's more than $2 billion (annual revenue) Security & Resiliency practice to expand its presence in the $47 billion gl.

Kyndryl Targets $47B Managed Security Services Market with End-to-End Security Capabilities

NEW YORK & SANTA CLARA, Calif.--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, and Veritas Technologies, the leader in secure multi-cloud data management, today unveiled two new services -- Data Protection Risk Assessment with Veritas and Incident Recovery with Veritas. As a key milestone in Kyndryl and Veritas' strategic alliance, these services help enterprises protect and recover their critical data across on-premises, hybrid and multi-cloud env.

Kyndryl and Veritas Introduce New Solutions for Data Protection and Recovery

NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest technology infrastructure services provider, today announced that more than 500 global enterprise customers are operational on Kyndryl Bridge, with more than 1,000 customers expected by fiscal year-end. Kyndryl Bridge is the industry's first open-integration technology services platform and seamlessly integrates artificial intelligence (AI), operational data and Kyndryl expertise to provide customers with a new way to operate th.

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