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's recent investor day conference brought some very encouraging news for shareholders.

Why Kyndryl Holdings Stock Is Soaring Today

Poised for ongoing annual revenue growth, margin expansion and significant cash flow generation Board authorizes $300 million share repurchase program NEW YORK , Nov. 21, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today hosted its 2024 Investor Day.  At the event, senior management outlined the Company's growth strategy, multi-year outlook and capital allocation priorities, including initiating a $300 million share repurchase program.

KYNDRYL OUTLINES GROWTH STRATEGY AT 2024 INVESTOR DAY

Kyndryl Holdings Inc. KD is boosting investor confidence with the announcement of its first-ever share repurchase program, worth $300 million.

IBM Spin-Off Kyndryl Announces $300 Million Buyback: What's Next For KD Stock?

NEW YORK , Nov. 21, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced that its Board of Directors has authorized a $300 million share repurchase program. "Our share repurchase authorization reflects the confidence we have in our business and our outlook for profitable growth," said Martin Schroeter, Kyndryl Chairman and Chief Executive Officer.

KYNDRYL ANNOUNCES $300 MILLION SHARE REPURCHASE AUTHORIZATION

New Kyndryl services, co-developed with Microsoft, provide augmented security operations and fortify Kyndryl's cyber resilience framework NEW YORK , Nov. 14, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today introduced a new suite of services, co-developed with Microsoft, to enhance cyber resilience for businesses globally. Kyndryl and Microsoft have built upon their successful, long-standing partnership to develop differentiated, scalable security and resiliency services.

Kyndryl and Microsoft unveil new services to advance cyber resilience for customers

Microsoft selects Kyndryl to drive customers' transformation to RISE with SAP®  NEW YORK , Nov. 14, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced an expanded collaboration with Microsoft to support customers' modernization journeys. Given Kyndryl's end-to-end services and deep SAP expertise, Microsoft has selected Kyndryl to participate in its RISE with SAP migration program to support customers' transformation journeys.

Kyndryl and Microsoft collaborate to accelerate customers' cloud modernization

End-to-end services help drive innovation and gain more value from mainframe applications and data NEW YORK , Nov. 14, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today launched a portfolio of new end-to-end services that offer enterprises a comprehensive path to modernizing their mainframe applications with the Microsoft Cloud. These new services will accelerate mainframe application migration while unlocking AI insights and generative AI capabilities through Microsoft technologies like Azure OpenAI, Microsoft Copilot and Azure DevOps.

Kyndryl and Microsoft unveil new application modernization services and generative AI capabilities for mainframe customers adopting Microsoft Cloud

Kyndryl AI private cloud supports customer testing and adoption using the Dell AI Factory with NVIDIA Private AI cloud is also available to Japanese academic institutions for AI research and innovation TOKYO , Nov. 13, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today launched a dedicated AI private cloud designed to enable AI innovation in Japan. Supported by a collaboration with Dell Technologies using the Dell AI Factory with NVIDIA, Kyndryl is establishing a controlled, security-rich and sovereign cloud where organizations can develop, test and implement AI services that expand their ability to compete and accelerate business performance.

Kyndryl Unveils Dedicated AI Private Cloud in Japan to Accelerate Customer Deployment of AI Services

NEW YORK , Nov. 12, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, will host an Investor Day event on Thursday, November 21 at 9:00 a.m. ET, as previously announced.

KYNDRYL WILL HOST INVESTOR DAY ON NOVEMBER 21, 2024

Data and AI are becoming powerful catalysts for driving action and predicting future risks NEW YORK , Nov. 12, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, released the second Global Sustainability Barometer study, commissioned by Microsoft. The study, conducted by Ecosystm, shows that while 84% of organizations place a high strategic importance on achieving sustainability goals, only 21% use technology to reduce their environmental footprint and shape their overall sustainability strategy.

Kyndryl and Microsoft Study: Only 21% of Organizations Globally Recognize Technology's Role in Advancing Their Broader Sustainability Goals

Kyndryl to help enhance BCP's digital customer experience with hybrid cloud on Azure and help to maintain world-class levels of cybersecurity One of the largest technology investments in Latin America's financial sector designed to encourage consumer banking and expand financial inclusion in Peru LIMA, Peru , Nov. 11, 2024 /PRNewswire/ -- Banco de Crédito del Perú (BCP) has partnered with Microsoft, a leader in cloud solutions, and Kyndryl, a global leader in IT infrastructure services, to modernize BCP's IT systems with hybrid cloud and help Peruvians gain greater access to digital banking services. This agreement represents BCP's investment of more than $650M over five years, making it one of the largest technology investments in Latin America's financial services sector.

BCP Invests More Than $650M to Modernize its IT Infrastructure with Microsoft and Kyndryl

Kyndryl Holdings Inc (NYSE:KD ) Q2 2025 Results Conference Call November 7, 2024 8:30 AM ET Company Participants Lori Chaitman - Global Head of Investor Relations Martin Schroeter - Chairman & CEO David Wyshner - Chief Financial Officer Conference Call Participants Divya Goyal - Scotia Bank Jamie Friedman - Susquehanna Tien-Tsin Huang - JPMorgan Isaac Sellhausen - Oppenheimer Operator Good day, and thank you for standing by. Welcome to the Kyndryl's Second Quarter 2025 Earnings Conference Call.

Kyndryl Holdings Inc (KD) Q2 2025 Earnings Call Transcript

Kyndryl Holdings, Inc. (KD) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.07 per share. This compares to loss of $0.05 per share a year ago.

Kyndryl Holdings, Inc. (KD) Q2 Earnings and Revenues Beat Estimates

IT services provider Kyndryl narrowly beat estimates for second-quarter revenue on Wednesday as businesses adopting generative AI technology turned to its consulting services.

Kyndryl beats second-quarter revenue estimates on consulting strength

Revenues for the quarter ended September 30, 2024 total $3.8 billion, pretax loss is $5 million, and net loss is $43 million Adjusted EBITDA is $557 million, adjusted pretax income is $45 million, and adjusted net income is $3 million Kyndryl Consult again delivers double-digit revenue growth in the quarter and over the last twelve months Reaffirms outlook for fiscal year 2025, including constant-currency revenue growth in the fourth quarter, supported by a record level of post-spin signings in the most recent quarter and for the trailing twelve months NEW YORK , Nov. 6, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today released financial results for the quarter ended September 30, 2024, the second quarter of its 2025 fiscal year.  "We continue to build momentum, delivering another quarter of signings growth and remaining well-positioned to deliver top-line growth in the fourth quarter of this fiscal year.

KYNDRYL REPORTS SECOND QUARTER FISCAL 2025 RESULTS

The latest trading day saw Kyndryl Holdings, Inc. (KD) settling at $22.97, representing a +0.35% change from its previous close.

Here's Why Kyndryl Holdings, Inc. (KD) Gained But Lagged the Market Today

NEW YORK , Nov. 1, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest technology infrastructure services provider, today announced that it has completed the previously announced sale of its transaction processing platform for the securities brokerage industry in Canada, known as Securities Industry Services (SIS), to Broadridge Financial Solutions, Inc. About Kyndryl Kyndryl (NYSE: KD) is the world's largest IT infrastructure services provider, serving thousands of enterprise customers in more than 60 countries. The company designs, builds, manages and modernizes the complex, mission-critical information systems that the world depends on every day.

Kyndryl Completes Sale of its Securities Industry Services Platform in Canada

Kyndryl Holdings, Inc. (KD) closed the most recent trading day at $23.77, moving -1.25% from the previous trading session.

Kyndryl Holdings, Inc. (KD) Stock Dips While Market Gains: Key Facts

In the closing of the recent trading day, Kyndryl Holdings, Inc. (KD) stood at $24.33, denoting a -0.33% change from the preceding trading day.

Kyndryl Holdings, Inc. (KD) Falls More Steeply Than Broader Market: What Investors Need to Know

AGCO

Cenovus Energy

CVE, AGCO and KD have been added to the Zacks Rank #24 (Strong Sell) List on October 18, 2024.

New Strong Sell Stocks for October 18th

Inaugural global study, with exclusive data from AI-powered Kyndryl Bridge, shows how executives rank risks, prioritize investments, and balance technology and talent Security and regulations top lists of executives' concerns AI return on investment limited by skills, compliance, compatibility End-of-life technology a top challenge for CEOs Talent drives overall readiness NEW YORK , Oct. 16, 2024 /PRNewswire/ -- Kyndryl today released the 2024 Kyndryl Readiness Report, which explores the paradox of why 90% of executives believe their IT infrastructure is best-in-class but only 39% of them think it's ready to manage future risks. The report also shows how IT modernization is helping companies gain a competitive edge, even as just 42 percent of businesses currently see positive return on investment from AI.

Kyndryl Readiness Report: 90% Confident in IT, but 39% Say It's Future-Ready

Akamai Technologies

New service can help customers accelerate Zero Trust implementations CAMBRIDGE, Mass. , Oct. 15, 2024 /PRNewswire/ --  Akamai Technologies, Inc.  (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced a collaboration with Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, to deliver Micro-Segmentation Implementation Services with Akamai Guardicore Segmentation.

Akamai and Kyndryl Collaborate to Offer Zero Trust Segmentation Services

Johnson & Johnson

Johnson & Johnson (JNJ) reports earnings Tuesday morning for the third quarter, with analysts expecting the company's revenue and profit to rise year-on-year.

What You Need to Know Ahead of Johnson & Johnson's Earnings

Kyndryl Holdings, Inc. (KD) closed at $24.05 in the latest trading session, marking a -0.99% move from the prior day.

Kyndryl Holdings, Inc. (KD) Stock Drops Despite Market Gains: Important Facts to Note

Company will host earnings call on November 7, 2024 and Investor Day on November 21, 2024 NEW YORK , Oct. 7, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced that it will release results for the quarter ended September 30, 2024, the second quarter of its 2025 fiscal year, after market close on Wednesday, November 6, 2024.  Chairman and Chief Executive Officer Martin Schroeter and Chief Financial Officer David Wyshner will host an earnings conference call and webcast at 8:30 a.m.

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