IT infrastructure specialist Kyndryl Holdings (NYSE: KD) is heading into the weekend on a high note. The company's share ...
"In the third quarter, we delivered another quarter of strong signings growth and significant margin expansion, led by ...
The bank noted that KD’s consulting business, driven by the rapid proliferation of AI and cloud security systems, is expanding by double-digit percentage levels. The latter unit’s growth, in turn, is ...
Kyndryl on Monday missed Wall Street estimates for third-quarter revenue, as strong AI-linked sales were offset by a strong dollar and the IT services provider's shedding of lower-margin deals.
The UK's Department for Environment, Food, and Rural Affairs (Defra) has extended its contract with Kyndryl for another year. In an agreement valued at £2.28 million ($2.83m), Kyndryl will help Defra ...
Rewey Asset Management highlighted stocks like Kyndryl Holdings ... we’ll provide a full refund within 30 days, no questions asked. 1. Head over to our website and subscribe to our Premium ...
Kyndryl said the year-over-year constant-currency revenue decline reflects its continued progress in reducing inherited no-margin and low-margin contracts and the sale of its Securities Industry ...
Scotiabank raised the firm’s price target on Kyndryl Holdings (KD) to $45 from $35 and keeps an Outperform rating on the shares. The company reported “another strong quarter,” beating ...
Kyndryl is raising its earnings and cash flow outlook for its FY25: Adjusted pretax income of at least $475M, representing a year-over-year increase of at least $310M; and Adjusted free cash flow ...
For its third quarter of fiscal 2025, Kyndryl posted revenue of $3.74 billion, which was down from the nearly $3.94 billion it earned in the same period of fiscal 2024. It also missed the ...
The shares of Kyndryl (KD) are advancing 6% after Scotiabank increased its price target on the tech name to $45 from $35. The cloud services company was spun off from IBM (IBM) in 2021.
Kyndryl had also inherited multiple no-margin contracts from IBM and has been looking to re-work them to generate higher profits. The company recorded adjusted net income of $124 million in the ...
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