KD News and Press, Kyndryl Holdings Inc. From 02/08/23

The following slide deck was published by Kyndryl Holdings, Inc. in conjunction with their 2023 Q3 earnings call. For further details see: Kyndryl Holdings, Inc. 2023 Q3 - Results - Earnings Call Presentation

Kyndryl Holdings press release ( NYSE: KD ): Q4 GAAP EPS of -$0.47 beats by $0.21 . Revenue of $4.3B (-5.7% Y/Y) beats by $340M . Continued progress on Alliances, Advanced Delivery and Accounts initiatives Raises revenue outlook and reaffirms margin outlook for fis...

Revenues for the quarter ended December 31, 2022 total $4.3 billion, net loss is $106 million, pretax loss is $138 million and adjusted pretax loss is $4 million Continued progress on Alliances, Advanced Delivery and Accounts initiatives Raises revenue outlook and reaffirms margin...

Kyndryl (NYSE:KD), the world’s largest IT infrastructure services provider, today announced a new agreement with Stellantis to provide technology services and manage the company’s core IT infrastructure. This press release features multimedia. View the full release here: https...

Summary Kyndryl's separation from IBM is now complete and the company has had nine months of independent operation. The first nine months of operation are reviewed to see if the required growth in revenues and margins necessary to achieve profits is being achieved. Margins have incr...

Investment firm Susquehanna started coverage on Kyndryl ( NYSE: KD ) on Thursday, noting that aside from its cheap valuation, the bull case for the stock is the fact it left the overhang of IBM ( NYSE: IBM ). Analyst James Friedman started coverage on Kyndryl ( KD ) with a...

Company will host earnings call on February 8, 2023 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, 2022, the third quarter of its 2023 fiscal year, after m...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips There are plenty of cheap tech stocks to buy since so many lost a lot of their value over the last year. The tech-heavy Nasdaq composite index has lost more than 33% of its value in 2022. Rising interest rates and runaw...

Summary David Einhorn's 13F stock portfolio value increased from $1.29B to $1.41B this quarter. Greenlight increased Kyndryl Holdings, LivaNova PLC, and Southwestern Energy while dropping Chemours, International Seaways, and Warner Bros. Discovery. The largest three positions are at...

In a most forgettable of years for most investors, perennially patient International Business Machines (NYSE: IBM) shareholders have reason for cheer. The stock has been walloping the market. With just a couple of weeks to go until 2023, IBM is up 10% in 2022 (including dividends paid) ve...