KD News and Press, Kyndryl Holdings Inc. From 05/17/23

Partners co-develop new solutions to speed application migration, modernization and deployments across on-prem and hybrid cloud environments Kyndryl (NYSE: KD), the world’s largest IT infrastructure services provider, today announced an expanded strategic partnership with SAP...

2023-05-17 13:07:11 ET Kyndryl ( NYSE: KD ) stock fell as much as 16.6% on Wednesday after the company, which spun off from IBM, said it expects a revenue decline for fiscal 2024. On Wednesday after the bell, the company said it expects fiscal 2024 revenue to fall 6% to 8%...

2023-05-17 11:04:43 ET IT infrastructure services provider Kyndryl Holdings (NYSE: KD) wrapped up its fiscal year and reported Q4 2023 earnings last night, and the news was not good. Instead of the $536 million in sales and $1.03-per-share loss (which already wasn't very good ne...

2023-05-17 11:00:20 ET Kyndryl Holdings, Inc. (KD) Q4 2023 Earnings Conference Call May 17, 2023 08:30 A.M. ET Company Participants Lori Chaitman - Global Head, IR Martin Schroeter - Chairman and CEO David Wyshner - CFO Conference Call Participants Ti...

2023-05-16 16:18:40 ET Kyndryl Holdings press release ( NYSE: KD ): Q4 GAAP EPS of -$3.24 misses by $2.21 . Revenue of $4.26B (-3.8% Y/Y) beats by $110M . 2024 Outlook: Revenue growth of (6%) to (8%) in constant currency compared to revenue of $17.0 billion...

Revenues for the quarter ended March 31, 2023 total $4.3 billion, net loss is $737 million, adjusted EBITDA is $476 million, and adjusted pretax loss is $61 million Fiscal year 2023 revenues total $17.0 billion, net loss is $1.4 billion, adjusted EBITDA is $2.0 billion, and adjusted preta...

2023-05-15 17:35:34 ET Kyndryl Holdings ( NYSE: KD ) is scheduled to announce FQ4 earnings results on Tuesday, May 16th, after market close. The consensus EPS Estimate is -$0.44 (+56.9% Y/Y) and the consensus Revenue Estimate is $4.15B (-6.3% Y/Y). Over the last 1 year...

2023-05-15 17:35:21 ET Major earnings expected after the bell on Tuesday include: Star Bulk Carriers Corp. ( SBLK ) Keysight Technologies ( KEYS ) Copart ( CPRT ) AgEagle Aerial Systems ( UAVS ) Doximity ( DOCS ) For further details see: N...

2023-05-12 14:07:49 ET NYSE: TJX ROST OTCPK:BURBY BJ CPRT KSS Meanwhile, Chinese tech giants Baidu ( BIDU ) and Alibaba ( BABA ) are set to issue closely observed reports that will attract significant attention. For further details see: Earnings W...

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...