KD News and Press, Kyndryl Holdings Inc. From 11/02/22

Kyndryl Holdings press release ( NYSE: KD ): FQ2 GAAP EPS of -$1.24 misses by $0.39 . Revenue of $4.18B (-8.7% Y/Y) beats by $80M . Management is increasingly emphasizing annual gross margins on contracts signed, rather than aggregate signings revenues, in mana...

Revenues for the quarter ended September 30, 2022 total $4.2 billion, net loss is $281 million, pretax loss is $219 million and adjusted pretax loss is $102 million Continued progress on Alliances, Advanced Delivery and Accounts initiatives Launched Kyndryl Bridge ...

Kyndryl’s Outcome-led Consulting and IT Modernization Services Support Continuous Innovation Kyndryl (NYSE: KD), the world’s largest IT infrastructure services provider, today announced Kyndryl Consult, which combines Kyndryl’s longstanding consulting ex...

New hybrid cloud offering utilizes Kyndryl managed services expertise, Microsoft Azure software and Dell Technologies infrastructure Kyndryl (NYSE: KD), the world’s largest IT infrastructure services provider, Microsoft Corporation and Dell Technologies today introduc...

Company will host earnings call on November 3, 2022 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, 2022, the second quarter of its 2023 fiscal...

Summary David Einhorn's 13F stock portfolio value decreased from $1.57B to $1.29B this quarter. Greenlight increased Atlas Air Worldwide, Kyndryl Holdings, and Victoria’s Secret while decreasing Teck Resources, Change Healthcare, Chemours, and International Seaways. They al...

Kyndryl and Microsoft create a data pipe to connect mainframe data with the Microsoft Power Platform Kyndryl (NYSE: KD), the world’s largest IT infrastructure services provider, and Microsoft today announced plans to expand the reach and impact of their global strateg...

Kyndryl (NYSE: KD), the world’s largest IT infrastructure services provider, and Teradata (NYSE: TDC ), the connected multi-cloud data platform for enterprise analytics company, today announced a strategic global partnership to help customers apply artificial intelligence...

Kyndryl (NYSE: KD), the world’s largest IT infrastructure services provider, today announced a global alliance with Citrix (NYSE: CTXS) to help businesses improve workplace collaboration and employee productivity to address the rapidly changing requirements of today’s hybr...

Summary The average stock in the Russell 3,000 was down 41.7% from its 52-week high as of the close on Monday. Four sectors have average prices roughly 50% below their 52-week highs - Communication Services at -51.8%, Consumer Discretionary at -49.8%, Tech at -49.4%, and Health Ca...