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.

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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.

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Consultants are back in business as demand for IT spending jumps. Kyndryl (KD) stock price has surged to its highest point since November 2021 after jumping by over 169% from its lowest point in 2022.

Kyndryl, Accenture, Wipro, Infosys stocks fly as tech demand rises

Kyndryl Holdings, Inc. (KD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Kyndryl Holdings, Inc. (KD) Hits Fresh High: Is There Still Room to Run?

Company will host earnings call on February 7, 2024 NEW YORK , Jan. 9, 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 December 31, 2023, the third quarter of its 2024 fiscal year, after market close on Tuesday, February 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.

KYNDRYL TO RELEASE QUARTERLY RESULTS ON FEBRUARY 6, 2024

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At the end of December, Bloomberg reported that almost $17 billion in software-related distressed debt was trading significantly below 100 cents on the dollar. This suggests that 2024 could be the year to sell overly leveraged software stocks.

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Despite a rocky start with a significant drop in stock value, Kyndryl's shares started a solid recovery with an 87% gain in 2023. Early shareholders worried about Kyndryl's position as a low-margin business with slow-growth prospects, contrasting with IBM's focus on high-growth areas like AI and cloud computing.

Is Kyndryl Worth Owning In 2024?

NEW YORK , Jan. 4, 2024 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R" or the "Firm") today announced the appointment of Howard Ungerleider as an Operating Advisor to CD&R funds. Mr. Ungerleider will work closely with CD&R's industrials team on new investment opportunities and support the management teams of its relevant portfolio companies.

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Kyndryl Holdings, Inc. (KD) Hit a 52 Week High, Can the Run Continue?

Kyndryl doesn't appear to be all that great a business on the surface, but there could be value underneath. The old managed infrastructure unit of IBM is figuring out how to turn a more robust profit in a new cloud era.

Is Kyndryl Holdings a Top Stock to Buy in 2024?

NelsonHall's 2023 NEAT report recognized Kyndryl for Advanced Digital Workplace Services NEW YORK , Dec. 12, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced it has been named a leader in Digital Workplace Services by IT and business services analyst firm NelsonHall in its 2023 Vendor Evaluation & Assessment Tool (NEAT) report for Advanced Digital Workplace Services (ADWS). Kyndryl was ranked as a 'Leader' within ADWS NEAT across all four of the report's market categories: Overall, Build Services Capability, Microsoft Capabilities and Run Services Capabilities.

Kyndryl Named a Leader for Digital Workplace Services

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80% of organizations surveyed see great significance in technology's role to achieve their goals with AI's predictive analytics offering significant business opportunity NEW YORK , Dec. 4, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, in collaboration with Microsoft, today released the findings of The Global Sustainability Barometer study. The study, conducted by Ecosystm, finds that while 85% of organizations place a high strategic level of importance on achieving their sustainability goals, only 16% have integrated sustainability into their strategies and data.

Kyndryl Collaborates with Microsoft and Finds Only 16% of Organizations Integrated Sustainability Into Their Strategies While Most View Technology as Key to Achieving Their Goals

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NEW YORK , Nov. 16, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced it has developed new services and capabilities for an extended VMware Private AI reference architecture to help customers more easily build, deploy and manage new generative AI and traditional AI/ML (machine learning) applications at scale across private, public and hybrid cloud environments. Core to these generative AI services are Kyndryl's automation, data management and Large Language Model Operations (LLMOps) services.

Kyndryl Unveils Services to Help Customers Create and Deploy Traditional and Generative AI Applications in VMware Private AI Environments

NEW YORK , Nov. 15, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced an agreement with Children's National Hospital (Children's National), one of the top five ranked children's hospitals in the nation by U.S. News & World Report, to help support the technology experience for staff by reducing friction across all technical touch points. Children's National cares for more than 240,000 patients each year across its main hospital and 32 specialty care and primary care offices throughout Washington D.C.

Kyndryl and Children's National Hospital Aim to Create a Modern Information Services Experience

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David Einhorn's Greenlight Capital snaps up gold as it cuts stake in top two holdings

Kyndryl Holdings, Inc. (NYSE:KD ) Q3 2023 Earnings Conference Call November 8, 2023 8:30 AM ET Company Participants Lori Chaitman - Global Head, IR Martin Schroeter - Chairman & CEO David Wyshner - CFO Conference Call Participants Divya Goyal - Scotiabank David Togut - Evercore James Friedman - Susquehanna Financial Group Operator Good day and thank you for standing by and welcome to the Kyndryl's Earnings Conference Call. At this time, all participants are in listen-only mode.

Kyndryl Holdings, Inc. (KD) Q3 2023 Earnings Call Transcript

Strong execution on 'three-A's' strategy drives margin expansion Revenues for the quarter ended September 30, 2023 total $4.1 billion, pretax loss is $109 million, and net loss is $142 million Adjusted EBITDA is $574 million, adjusted pretax income is $25 million, and adjusted net loss is $12 million for the quarter ended September 30, 2023 Raises full-year adjusted earnings outlook NEW YORK , Nov. 7, 2023 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today released financial results for the quarter ended September 30, 2023, the second quarter of its 2024 fiscal year.  "We're strengthening and transforming our business at an accelerated pace, which is driving faster-than-anticipated margin expansion and creating future growth opportunities for Kyndryl.

KYNDRYL REPORTS SECOND QUARTER FISCAL 2024 RESULTS AND RAISES ITS FULL-YEAR OUTLOOK

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Combining Kyndryl's end-to-end services with the Dynatrace observability platform to provide business value NEW YORK and WALTHAM, Mass. , Nov. 1, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, and Dynatrace (NYSE: DT), the leader in unified observability and security, today announced a global alliance to provide customers with joint offerings to enhance insights and inform business decisions.

Kyndryl and Dynatrace Announce Global Alliance to Enhance Customers' Insights

Kyndryl Holdings, Inc. (KD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Kyndryl Holdings, Inc. (KD) Report Negative Earnings Next Week? What You Should Know

NEW YORK , Oct. 31, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest technology infrastructure services provider, today announced the availability of new services for financial services organizations seeking to use Google Cloud to safely store and protect their confidential and sensitive data. Kyndryl's new services are designed to enable a unified, scalable and security-rich data platform to support customers' regulatory and compliance activities and requirements.

Kyndryl Unveils Banking and Financial Industry Services for Google Cloud Customers

NEW YORK , Oct. 30, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced availability of Kyndryl Experience Management as a Service, an end-to-end digital workplace capability that helps customers effectively plan, implement and derive tangible business outcomes from their technology services. Kyndryl's new Experience Management services leverage the design-led collaboration of Kyndryl Vital, know-how and expertise of Kyndryl Consult and integrated AIOps and automation of Kyndryl Bridge to provide customers a seamless approach to envisioning, designing, adopting, managing and continuously optimizing their technology environments.

Kyndryl Introduces Experience Management as a Service to Help Customers Monitor, Measure and Achieve Business Outcomes

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FRANKFURT, Germany--(BUSINESS WIRE)-- #5G--Adtran today announced that Kyndryl, a leading multinational information technology infrastructure services provider, is leveraging its Ensemble virtualization suite to deliver secure, managed enterprise cloud access services. Adtran's Ensemble Connector and Ensemble SaaS management and orchestration (MANO) platforms give Kyndryl's customers an open, powerful and flexible pay-as-you-grow solution for network virtualization. Running on servers located in Amst.

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Invest in stocks like Catalyst Pharmaceuticals (CPRX), ImmunoGen (IMGN), Inari Medical (NARI) and Kyndryl Holdings (KD) for superb earnings acceleration.

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