In its recent third-quarter announcement, Kyndryl Holdings (KD), a global IT infrastructure services provider, reported mixed ...
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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.
Susquehanna analyst James Friedman raised the firm’s price target on Kyndryl Holdings (KD) to $46 from $40 and keeps a Positive rating on the ...
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 ...
Feb 3 (Reuters) - Kyndryl (KD.N), opens new tab 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 ...
The SASE market is projected to hit $17 billion worldwide by 2029, according to Dell‘Oro Group, which says that single-vendor ...
Revenue: US$3.74b (down 4.9% from 3Q 2024). Net income: US$215.0m (up from US$12.0m loss in 3Q 2024). Profit margin: 5.7% (up from net loss in 3Q 2024). EPS: US$0.93 (up from US$0.052 loss in 3Q ...
Investors mostly shrugged off the revenue miss, sending Kyndryl shares down about 1.5% in after-hours trading. The company reaffirmed earlier guidance that it would return to growth of at least 2% ...
1 Signings for the three months ended December 31, 2024 increased by 10%, and 12% in constant currency, compared to the three months ended December 31, 2023. Signings for the nine months ended ...
Revenues for the quarter ended December 31, 2024 total $3.74 billion, pretax income is $258 million, and net income is $215 million Adjusted EBITDA is $704 million ...