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.

New Kyndryl services to drive modernization for customers moving to RISE with SAP   NEW YORK , July 23, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced the selection of the RISE with SAP® solution to accelerate its journey to the cloud and an expanded strategic alliance with SAP. As part of the expansion, Kyndryl will provide SAP® services for the delivery of SAP S/4HANA® Cloud Private Edition to help customers move to the cloud and continue solving their most complex digital transformation challenges.

Kyndryl Selects RISE with SAP and Expands Alliance to Simplify Customers' Cloud Transformations

Kyndryl Holdings, Inc. (KD) closed the most recent trading day at $27.63, moving +1.28% from the previous trading session.

Why Kyndryl Holdings, Inc. (KD) Outpaced the Stock Market Today

Here is how Kyndryl Holdings, Inc. (KD) and MediaAlpha, Inc. (MAX) have performed compared to their sector so far this year.

Are Business Services Stocks Lagging Kyndryl Holdings, Inc. (KD) This Year?

Company will host earnings call on August 1, 2024 NEW YORK , July 15, 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 June 30, 2024, the first quarter of its 2025 fiscal year, after market close on Wednesday, July 31, 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 JULY 31, 2024

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Wall Street Analysts See Kyndryl Holdings, Inc. (KD) as a Buy: Should You Invest?

NEW YORK , July 2, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced the appointment of a new Chief Information Officer (CIO) and leadership changes in two of its major practices, Applications, Data and AI and Cloud.  Kim Basile has been named Kyndryl's new CIO, succeeding Michael Bradshaw, who is assuming leadership of the company's Applications, Data and AI practice.

Kyndryl Appoints New Chief Information Officer and Announces Key Practice Leadership Transitions

Kyndryl Holdings Inc KD shares were climbing in early trading on Thursday, just days after the news of the company considering a joint bid for DXC Technology Co DXC.

This IT Stock Represents An 'Interesting Investment Opportunity'

Veralto Corp

Investors looking for stocks in the Technology Services sector might want to consider either Kyndryl Holdings, Inc. (KD) or Veralto (VLTO). But which of these two companies is the best option for those looking for undervalued stocks?

KD vs. VLTO: Which Stock Should Value Investors Buy Now?

In the closing of the recent trading day, Kyndryl Holdings, Inc. (KD) stood at $25.54, denoting a +0.27% change from the preceding trading day.

Kyndryl Holdings, Inc. (KD) Exceeds Market Returns: Some Facts to Consider

In the closing of the recent trading day, Kyndryl Holdings, Inc. (KD) stood at $25.41, denoting a +0.28% change from the preceding trading day.

Kyndryl Holdings, Inc. (KD) Surpasses Market Returns: Some Facts Worth Knowing

DXC Technology

Apollo Global Management

Buyout firm Apollo Global and Kyndryl Holdings , the information technology services provider that was spun out of IBM , are in talks about a joint bid for DXC Technology , people familiar with the matter said on Monday.

Exclusive: Apollo, Kyndryl in bid for DXC Technology, sources say

Investors interested in stocks from the Technology Services sector have probably already heard of Kyndryl Holdings, Inc. (KD) and Veralto (VLTO). But which of these two companies is the best option for those looking for undervalued stocks?

KD or VLTO: Which Is the Better Value Stock Right Now?

Company Earns Top Honors in Various Global Employer Awards and Accolades NEW YORK , June 6, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, has been named one of Newsweek's Top 100 Global Most Loved Workplaces® for the second consecutive year. The list recognizes companies that put respect, caring, and appreciation for their employees at the center of their business model and, in doing so, have earned the loyalty and respect of the people who work for them.

Kyndryl Named a Newsweek Global Top 100 Most Loved Workplace for Second Year

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Is It Worth Investing in Kyndryl Holdings, Inc. (KD) Based on Wall Street's Bullish Views?

New service for Amazon Security Lake to provide businesses with enhanced security operations and management capabilities Collaboration extends Kyndryl's Cyber Resiliency portfolio NEW YORK , June 5, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced the Kyndryl Threat Insights Managed Service is available using Amazon Security Lake. The service automatically centralizes an organization's security data from across their Amazon Web Services (AWS) environments, to provide customers with greater visibility, driving enhanced identification, mitigation, and response of sophisticated cybersecurity risks.

Kyndryl Introduces New Threat Insights Service for AWS

NEW YORK , May 31, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest technology infrastructure services provider, today announced it has been named a Leader in the IDC MarketScape: Worldwide Microsoft Implementation Services 2024 Vendor Assessment [doc # US50539623 April 2024]. The IDC MarketScape report evaluated 13 Microsoft solutions services providers with broad portfolios spanning IDC research coverage and on a worldwide scale.

Kyndryl Named a Leader in IDC MarketScape Worldwide Microsoft Implementation Services, 2024

Investors interested in stocks from the Technology Services sector have probably already heard of Kyndryl Holdings, Inc. (KD) and Veralto (VLTO). But which of these two stocks offers value investors a better bang for their buck right now?

KD vs. VLTO: Which Stock Is the Better Value Option?

Kyndryl Holdings, Inc. (KD) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About Kyndryl Holdings, Inc. (KD) Rating Upgrade to Strong Buy

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Kyndryl Holdings, Inc. (KD) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Despite Fast-paced Momentum, Kyndryl Holdings, Inc. (KD) Is Still a Bargain Stock

NEW YORK , May 20, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest technology infrastructure services provider, today announced a collaboration with NVIDIA to accelerate the development, implementation and use of AI-powered insights and business outcomes. Kyndryl's AI-powered open integration digital business platform, Kyndryl Bridge , will support the end-to-end lifecycle of AI development and implementation in real-world business environments for customers running full-stack NVIDIA accelerated computing and software.

Kyndryl Teams With NVIDIA to Accelerate Adoption of Generative AI-enabled Solutions

5,000+ Kyndryl mainframe professionals are training to speed deployment of AI-enabled workloads in hybrid cloud environments NEW YORK , May 16, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today unveiled new artificial intelligence (AI) and generative AI-based consulting and managed delivery services to help organizations exploit their mainframe application and data assets as part of their hybrid cloud transformation. Kyndryl is committed to furthering the adoption of AI and generative AI by educating more than 5,000 of its mainframe professionals with new AI skills on top of their tens of thousands of certifications in mainframe and cloud technologies.

Kyndryl expands AI and generative AI services and skills to accelerate mainframe modernization

NEW YORK , May 14, 2024 /PRNewswire/ -- 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 Technology, Media and Communications Conference on Tuesday, May 21, 2024 at 3:45 p.m.

KYNDRYL TO SPEAK AT THE J.P. MORGAN GLOBAL TMT CONFERENCE ON MAY 21

New York-based IT infrastructure services giant Kyndryl announced Monday that it acquired Skytap, a Seattle-based company founded 17 years ago that sells cloud migration software.

Kyndryl acquires Seattle-based cloud migration company Skytap

Acquires privately held Skytap to accelerate hybrid cloud adoption and help customers modernize mission-critical infrastructure platforms  Announces definitive agreement to sell its Securities Industry Services  business in Canada to Broadridge to enhance Kyndryl's focus on core growth areas NEW YORK , May 13, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced that it has acquired privately held Skytap, a leading specialized workload services provider. "The acquisition of Skytap reflects the proactive steps we're taking to invest in our mission-critical capabilities where our global alliance partnerships and innovation enable us to help our customers transform and grow," said Dave Simpson, Global Practice Leader for Cloud at Kyndryl.

Kyndryl Announces Portfolio Optimization Actions

Kyndryl exceeded analyst expectations for both earnings and revenue in the fourth quarter. CEO Martin Schroeter expects to return to revenue growth in the fourth quarter of fiscal 2025.

News for Kyndryl Holdings Stock (KD)