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.

The IBM spinoff posted better-than-expected June quarter results.

Kyndryl Shares Spike on Improving Outlook

Kyndryl Holdings Inc. shares rallied in the extended session Tuesday after the managed infrastructure-service company posted a surprise break-even quarter and forecast pretax profit this year.

Kyndryl's stock rallies more than 15% after IBM spinoff forecasts pretax profit this year

NEW YORK--(BUSINESS WIRE)--Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today released financial results for the quarter ended June 30, 2023, the first quarter of its 2024 fiscal year. “We're relentlessly transforming our business, and this past quarter represented an important turning point. We now expect to generate adjusted pretax profit this fiscal year and going forward. This return to profit, driven by our strong execution, positions us well.

Kyndryl Reports First Quarter Fiscal 2024 Results and Raises Its Full-Year Earnings Outlook

Kyndryl Holdings is the largest IT infrastructure services provider globally, with operations in 60 countries. The company's stock has underperformed its peers since its spin-off in Nov. 2021, but it is an underappreciated play with potential for higher valuation. Kyndryl's turnaround plan includes initiatives focused on alliances, advanced delivery, and accounts to drive revenue and profitability.

Kyndryl: The Improving Financial Profile Warrants Some Re-Rating

NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced that it has significantly expanded the services it offers to enable enterprise customers to quickly detect and effectively respond to and recover from cyberattacks. Kyndryl's new end-to-end security operations capabilities and services will enable the Company's more than $2 billion (annual revenue) Security & Resiliency practice to expand its presence in the $47 billion gl.

Kyndryl Targets $47B Managed Security Services Market with End-to-End Security Capabilities

NEW YORK & SANTA CLARA, Calif.--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, and Veritas Technologies, the leader in secure multi-cloud data management, today unveiled two new services -- Data Protection Risk Assessment with Veritas and Incident Recovery with Veritas. As a key milestone in Kyndryl and Veritas' strategic alliance, these services help enterprises protect and recover their critical data across on-premises, hybrid and multi-cloud env.

Kyndryl and Veritas Introduce New Solutions for Data Protection and Recovery

NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest technology infrastructure services provider, today announced that more than 500 global enterprise customers are operational on Kyndryl Bridge, with more than 1,000 customers expected by fiscal year-end. Kyndryl Bridge is the industry's first open-integration technology services platform and seamlessly integrates artificial intelligence (AI), operational data and Kyndryl expertise to provide customers with a new way to operate th.

Kyndryl Bridge, Powered by AI, Data and Deep Industry Expertise, Provides a New Way to Manage Technology Services

NEW YORK--(BUSINESS WIRE)--Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced that it will release results for the quarter ended June 30, 2023, the first quarter of its 2024 fiscal year, after market close on Monday, August 7, 2023. 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. ET on Tuesday, August 8, 2023. The live webcast ca.

Kyndryl to Release Quarterly Results on August 7, 2023

NEW YORK--(BUSINESS WIRE)--Kyndryl unveiled a Cybersecurity Incident Response and Forensics (CSIRF) service to help customers proactively prepare for and respond to threats.

Kyndryl Announces Cybersecurity Incident Response and Forensics Service to Provide Preventative and On-Demand Support to Cyber Threats

NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced that the company has been named to Newsweek's list of the Top 100 Global Most Loved Workplaces. The 2023 Top 100 Global Most Loved Workplaces® is the newest list in the Most Loved Workplace® collaboration with the Best Practice Institute (BPI), a leadership development and benchmark research company. The results were determined after surveying more than 2 million employees fro.

Kyndryl Named to Newsweek's List of the Top 100 Global Most Loved Workplaces For 2023

BOSTON--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today unveiled new services and capabilities to help Red Hat OpenShift customers enhance and expand their ability to more consistently modernize and move core business applications to hybrid cloud environments. Kyndryl's new integrated services and capabilities, which are part of a larger comprehensive set of container management and security capabilities, are designed to help customers advance.

Kyndryl Unveils Advanced Application Modernization Services for Cloud Container Platforms

NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE:KD), the world's largest IT infrastructure services provider, and Credence ID, a leading provider of mobile biometric and credential authentication solutions, today announced the deployment of a digital ID acceptance solution that allows residents to use mobile driver's licenses (mDLs) as a more secure and convenient option to expedite routine, in-person transactions. The new solution will be offered first at the Scottsdale Arizona Motor Vehicle Division.

Kyndryl Deploys Digital ID Acceptance Solution with Credence ID at Arizona Motor Vehicle Division

NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced an expanded strategic partnership with SAP focused on developing new solutions to help customers solve their most complex digital business transformation challenges. Under their expanded collaboration, the companies have leveraged SAP Business Transformation Center and vast ERP systems know-how, along with Kyndryl's deep expertise in data, application migration, and modernizat.

Kyndryl and SAP Expand Strategic Partnership to Help Customers Accelerate IT and Business Transformation Projects

Kyndryl missed on the top and bottom lines last night. Losses tripled year over year for the IBM spinoff's fiscal Q4.

Why Kyndryl Holdings Stock Crashed 10% Today

Kyndryl Holdings, Inc. (NYSE:KD ) Q4 2023 Earnings Conference Call May 17, 2023 8:30 AM ET Company Participants Lori Chaitman - Global Head, IR Martin Schroeter - Chairman and CEO David Wyshner - CFO Conference Call Participants Tien-Tsin Huang - J.P. Morgan Divya Goyal - Scotiabank David Togut - Evercore ISI James Friedman - Susquehanna Operator Good day and thank you for standing by.

Kyndryl Holdings, Inc. (KD) Q4 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today released financial results for the quarter ended March 31, 2023, the fourth quarter of its 2023 fiscal year. “We delivered strong financial results in the fourth quarter, and we solidified our leadership position in infrastructure services throughout fiscal year 2023,” said Kyndryl Chairman and Chief Executive Officer Martin Schroeter. “We are successfully leveraging our.

Kyndryl Reports Fourth Quarter and Full-Year 2023 Results

Star Bulk Carriers

Target

In Monday morning trading, the Dow Jones industrials were down 0.22%, the S&P 500 down 0.15% and the Nasdaq was 0.07% lower.

Earnings Previews: Kyndryl, Star Bulk Carriers, Target, TJX Companies

NEW YORK--(BUSINESS WIRE)--Kyndryl Holdings, Inc. (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 speak at the J.P. Morgan Global TMT Conference on Tuesday, May 23, 2023 at 9:30 a.m. ET. During the course of the event, they will discuss information regarding the Company's business and/or financial performance. To listen to the live webcast, please visit.

Kyndryl to Speak at the J.P. Morgan Global TMT Conference on May 23

NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced the introduction of a managed Secure Access Service Edge (SASE) solution powered by Fortinet, which aims to help customers enable advanced network security initiatives. The solution combines Fortinet's industry-leading cloud-delivered security and secure networking solutions with Kyndryl's network and security services to design, build, manage, and modernize mission-critical n.

Kyndryl Launches New Managed SASE Service with Fortinet

Cloudflare

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced its partnership with Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, to help enterprises modernize and scale their corporate networks with managed WAN-as-a-Service and Cloudflare Zero Trust. The partnership couples Kyndryl's expert managed end-to-end networking services with Cloudflare's r.

Cloudflare Announces Partnership with Kyndryl to Deliver Managed Network Transformation Services for Enterprises

NEW YORK--(BUSINESS WIRE)--Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced that it will release results for the fourth quarter and full year ended March 31, 2023, after market close on Tuesday, May 16, 2023. 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. ET on Wednesday, May 17, 2023.

Kyndryl to Release Fourth Quarter and Full-Year Results on May 16, 2023

NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced availability of the Kyndryl Data and AI Console, a new solution that integrates data operations and provides customers a better way to facilitate seamless data flows and reliable data delivery to enable faster, more informed business decisions.

Kyndryl Unveils Data and AI Console to Unify and Simplify Data Management for Customers

Delta Air Lines

NEW YORK--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced a 5-year extended agreement with Delta Air Lines (NYSE: DAL) to enhance IT resiliency and scalability. Through the extended agreement, Kyndryl will continue to help Delta run the core systems that power the airline's essential operations, including crew rostering and scheduling, as well as the system that supports Delta's maintenance documentation process.

Kyndryl and Delta Air Lines Extend Collaboration on Critical IT Infrastructure

Funko

Intel

Rivian Automotive

Bilibili

News Corp

Tenet Healthcare

David Einhorn's Greenlight Capital Inc. cut its stake in Intel Corp. and opened new positions in Tenet Healthcare Corp. and bobblehead maker Funko Inc., among other investment decisions in the fourth quarter, according to a filing late Tuesday.

Greenlight sells off Intel and Rivian, adds Tenet, Funko

Nokia

Nokia and Kyndryl have extended their partnership for three years after clocking up more than 100 customers for automating factories using 5G wireless networks, following their first tie-up a year earlier.

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