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

2023-08-08 13:47:09 ET Kyndryl Holdings, Inc. (KD) Q1 2024 Earnings Conference Call August 08, 2023, 08:30 ET Company Participants Lori Chaitman - Global Head, IR Martin Schroeter - Chairman & CEO David Wyshner - CFO Conference Call Participants T...

2023-08-08 12:12:53 ET Summary Non-GAAP accounting is on the rise, with roughly 75% of companies reporting non-GAAP earnings and about 20% of companies reporting a non-GAAP profit despite a GAAP loss. Aggregate earnings appear to be overstated by at least 10%-15% by companies usin...

2023-08-07 17:24:03 ET Shares of Kyndryl ( NYSE: KD ) surged nearly 15% after hours, after the former infrastructure services business of IBM ( IBM ) said it would be profitable in fiscal 2024, a full year ahead of its previous expectations. KD stock advanced ...

2023-08-07 16:21:32 ET Kyndryl Holdings press release ( NYSE: KD ): Q1 Non-GAAP EPS of $0.00 beats by $1.11 . Revenue of $4.19B (-2.3% Y/Y) beats by $100M . Adjusted EBITDA is $612 million, adjusted pretax income is $47 million, and adjusted net income is break...

Strong execution of the ‘three-A’s’ strategy drives higher earnings Revenues for the quarter ended June 30, 2023 total $4.2 billion, pretax loss is $109 million, and net loss is $141 million Adjusted EBITDA is $612 million, adjusted pretax income is $47 mi...

2023-08-01 15:32:37 ET Summary 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 hig...

Flexible and modular services speed cyberattack detection, response and recovery 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...

Continued partnership extends Kyndryl’s framework of cyber resiliency services 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...

Platform drives improved business outcomes, already providing more than $1 billion in annualized customer savings to early adopters Kyndryl (NYSE: KD), the world’s largest technology infrastructure services provider, today announced that more than 500 global enterprise custom...

Company will host earnings call on August 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 June 30, 2023, the first quarter of its 2024 fiscal year, after market ...