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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It is good idea to review what insiders are buying on a regular basis as it is a solid source for investment ideas. It can be argued that someone putting their money at risk is a lot better than opinions by talking heads on CNBC and the like.

Recent Insider Cluster Buys Reveal Potential Value Opportunities

NEW YORK, Dec. 21, 2021 /PRNewswire/ -- On December 15, 2021, Kyndryl Holdings, Inc. ("Kyndryl") received notification of an unsolicited "mini-tender" offer by TRC Capital Investment Corporation ("TRC"), dated December 10, 2021, to purchase up to 5,000,000 shares of Kyndryl's common stock, which is approximately 2.23% of the 224,136,041 shares outstanding as of November 11, 2021, at a price of $17.35 per share in cash. TRC's offer price is approximately 4.51% less than the closing price of Kyndryl's common stock on the New York Stock Exchange on December 10, 2021.

Kyndryl Recommends Shareholders Reject "Mini-Tender" Offer by TRC Capital Investment Corporation

Centre will create nearly 500 new IT roles and extend Kyndryl's industry-leading cloud services to more Canadian organizations MONTRÉAL, Dec. 16, 2021 /PRNewswire/ -- Kyndryl (NYSE: KD) announced today the creation of a new bilingual technology services centre in Montréal, Québec that is expected to create nearly 500 new IT jobs in the next five years. This centre will enable Kyndryl to meet the growing demand for cloud skills and extend delivery of its industry-leading digital transformation services to Canadian organizations.

Kyndryl announces a new Cloud Innovation Centre in Montreal

IT infrastructure provider Kyndryl Holdings Inc (NYSE: KD) and PBI Group, one of the largest manufacturers in Poland, collaborated to accelerate PBI's digital transformation. The partnership aims to modernize PBI's IT processes to unify PBI's 15 locations in three voivodeships, employing over 1,000 people.

Poland's PBI Group Bonds With Kyndryl For Digital Transformation

NEW YORK and CHARLOTTE, N.C., Dec. 15, 2021 /PRNewswire/ -- The world's largest IT infrastructure services provider, Kyndryl (NYSE: KD), and Viewpointe – a leading content services technology provider to the financial services industry – today announced a multi-year collaboration to migrate Viewpointe's IT infrastructure from Viewpointe's private cloud to Microsoft Azure.

Viewpointe Accelerates IT Modernization to Microsoft Azure with Support from Kyndryl

ABU DHABI, United Arab Emirates, Dec. 15, 2021 /PRNewswire/ -- Etihad Airways, the national airline of the United Arab Emirates (UAE) and Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced a multi-year agreement to help accelerate the next stage of its digital transformation journey. Kyndryl will help Etihad modernize its IT infrastructure by facilitating the use of best-in-breed cloud platforms.

Etihad selects Kyndryl to help accelerate the next phase of its digital transformation

NEW YORK and SUNNYVALE, Calif., Dec. 9, 2021 /PRNewswire/ -- Kyndryl (NYSE: KD) and Google Cloud today announced a global, strategic partnership focused on accelerating customers' digital transformations and helping them become more advanced, data-driven, and sustainable businesses.

Kyndryl and Google Cloud Announce Strategic Partnership to Accelerate Digital Business Transformations

NEW YORK, Dec. 9, 2021 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest infrastructure services provider, today announced a strategic agreement with Raytheon Technologies, one of the largest aerospace and defense companies in the world, to modernize the company's Digital Technology environment via the hybrid cloud. (See related video: The Path to Operational Excellence for Raytheon Technologies ) Raytheon Technologies has selected Kyndryl to support the development and delivery of a cohesive hybrid multi-cloud computing platform that will accelerate the company's digital transformation efforts and its ability to drive business growth and operational excellence.

Raytheon Technologies partners with Kyndryl to advance its digital transformation efforts

Storage-as-a-Service agreement will support future scalability and innovation for the premium automobile manufacturer's worldwide IT infrastructure MUNICH and NEW YORK, Dec. 6, 2021 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure provider, and NetApp today announced an agreement with BMW Group, a deal that builds on a strong strategic partnership and the deep experience of both companies in the automotive sector. The agreement combines Kyndryl's digital infrastructure services with NetApp's cloud-led, data-centric software technology.

Kyndryl and NetApp form strategic partnership to deliver critical enterprise data infrastructure to BMW Group

LONDON, Dec. 6, 2021 /PRNewswire/ -- Today Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, and RSA Insurance (RSA), one of the world's oldest general insurers, announced a collaboration to accelerate RSA's digital transformation by executing an enormous data migration project which has so far seen 85,000 gigabytes of information moved to the cloud. Cloud migration is a key component of RSA's IT infrastructure modernisation drive.

RSA Insurance turns to Kyndryl to accelerate cloud migration to support digital-first enterprise

NEW YORK, Dec. 1, 2021 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced that Chairman and Chief Executive Officer Martin Schroeter and Chief Financial Officer David Wyshner will participate in a fireside chat with UBS analyst David Vogt at the UBS Global TMT Virtual Conference on Monday, December 6, 2021 at 11:00 a.m. ET. To listen to the live webcast, please visit Kyndryl Presentation at UBS Global TMT.

Kyndryl to Present at the UBS Global TMT Conference on December 6

Kyndryl was recently spun out of IBM and is down sharply in only three weeks of trading. KD addresses a mediocre market and is not a proven standalone company, but scale, long-term contracts, and a solid balance sheet ensure viability.

Kyndryl - Unwanted And Undervalued

Many investors are wondering what to do with this new Kyndryl stock. Is it a better buy than the parent company, IBM?

Better Buy: IBM or Kyndryl?

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NEW YORK and PALO ALTO, Calif., Nov. 19, 2021 /PRNewswire/ -- Kyndryl (NYSE: KD) and VMware (NYSE: VM) today announced an expansion of the companies' strategic partnership focused on app modernization and multicloud services.

Kyndryl and VMware Expand Partnership to Accelerate Customers' App Modernization and Cloud Initiatives

Microsoft

NEW YORK, and REDMOND, Wash., Nov. 12, 2021 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, and Microsoft Corp. (Nasdaq: MSFT), today announced a landmark global strategic partnership that will combine their market-leading capabilities in service of enterprise customers.

Kyndryl and Microsoft Establish Global Strategic Partnership to Accelerate Digital Transformation Across Industries

Begins Trading on NYSE as World's Largest Independent IT Infrastructure Services Provider NEW YORK, Nov. 4, 2021 /PRNewswire/ -- Kyndryl today announced that it has completed its previously announced spin-off from IBM (NYSE: IBM) and began trading as an independent company on the New York Stock Exchange under the ticker "KD". Kyndryl celebrated becoming an independent, publicly-traded company by ringing the Opening Bell at the Exchange.

Kyndryl Completes Separation from IBM

NEW YORK, Nov. 4, 2021 /PRNewswire/ -- Global enterprises across industries including financial services, travel, healthcare, logistics, insurance, automotive, professional services and materials sciences have chosen the world's largest IT infrastructure provider, Kyndryl (NYSE: KD), to lead IT transformation initiatives that accelerate modernization in an increasingly digital global economy. Kyndryl, the new, independent company listing on the New York Stock Exchange today, is focused on delivering the most advanced business solutions for customers across more than 60 countries.

Industry Titans Tap Kyndryl to Drive Digital Transformation

NEW YORK, Nov. 4, 2021 /PRNewswire/ -- Kyndryl (NYSE: KD), the new, independent company listing on the New York Stock Exchange today announced that Automated Financial Systems, Inc. (AFS), a global leader in commercial lending to top-tier financial institutions, is working with Kyndryl to containerize their commercial lending software to allow customers to run it anywhere. Kyndryl is focused on delivering the most advanced business solutions for customers across more than 60 countries.

Automated Financial Systems, Inc. taps Kyndryl to grant customers access to its real-time loan processing software in any environment

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NEW YORK, Nov. 1, 2021 /PRNewswire/ -- Kyndryl Holdings Inc. (NYSE:KD) will replace NetScout Systems Inc. (NASD:NTCT) in the S&P MidCap 400, and NetScout Systems will replace Invacare Corp. (NYSE:IVC) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, November 5. S&P 500 and 100 constituent International Business Machines Co. (NYSE: IBM) is spinning off Kyndryl Holdings in a transaction expected to be completed on November 4.

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