2 Martin Schroeter, Chairman and Chief Executive Officer Up 3% in fiscal 2024, with 9% projected pretax margins 5 Fourth Quarter 2024 Earnings Forward-looking statements This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements often contain words such as "will," "anticipate," "predict," "project," "contemplate," "plan," "forecast," "future," "estimate," "expect," "intend," "target," "may," "should," "w ...

Kyndryl Holdings, Inc. (NYSE:KD) Q4 2024 Earnings Conference Call May 8, 2024 8:30 AM ET Company Participants Lori Chaitman - Global Head of Investor Relations Martin Schroeter - Chairman and CEO David Wyshner - Chief Financial Officer Conference Call Participants Divya Goyal - Scotiabank Tien-Tsin Huang - JPMorgan Jamie Friedman - Susquehanna David Togut - Evercore ISI Operator Good morning, ladies and gentlemen, and thank you for standing by. My name is Abby, and I will be your conference operator today. ...

Kyndryl Holdings, Inc. (KD) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 91.67%. A quarter ago, it was expected that this company would post earnings of $0.10 per share when it actually produced a loss of $0.05, delivering a surprise of -150%.Over the last four quarters, the company has su ...

Exhibit 99.1 KYNDRYL REPORTS FOURTH QUARTER AND FULL-YEAR 2024 RESULTS NEW YORK, May 7, 2024 – Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today released financial results for the quarter ended March 31, 2024, the fourth quarter of its 2024 fiscal year. "Fiscal 2024 was a year of acceleration and achievement for Kyndryl, driven by contributions from employees around the world. As we start our new fiscal year, we have pivoted from transformation to growth. Our ...

The IT industry's first AI-powered open integration platform now has more than 1,200 onboarded customers and 190 service offerings, exceeding Company targetsKyndryl Bridge delivers more than 3 million actionable insights per month, with new services that help enterprise customers accelerate business valueNEW YORK, May 2, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced that its industry-leading, artificial intelligence (AI)-powered, open integ ...

Kyndryl to modernize and manage the mission-critical systems for Honda's logistics operations with Kyndryl Bridge BRUSSELS, April 23, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, and Honda Motor Europe Ltd., announced a multiyear managed infrastructure services renewal agreement. Building on a well-established partnership, Kyndryl will continue to manage Honda's centralized IT infrastructure and modernize the company's mainframe estate with Kyndryl Bridge ...

Kyndryl to help enhance SAP® processes and bolster EY's security through Kyndryl Consult NEW YORK, April 10, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announces the renewal of a five-year agreement, with Ernst & Young LLP (EY) to continue managing its SAP environment, as well as provide modernization and security services for the mission-critical systems that support its auditing and consulting operations. This work builds on a nearly decade-long ...

Investors interested in Technology Services stocks are likely familiar with Kyndryl Holdings, Inc. (KD) and Thomson Reuters (TRI) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while o ...

Kyndryl Foundation's inaugural grants aim to grow an inclusive cybersecurity workforce and make nonprofits more resilient from cyberattacksNEW YORK, March 19, 2024 /PRNewswire/ -- Kyndryl Foundation, the philanthropic arm of Kyndryl (NYSE: KD), announced that 11 nonprofits from seven countries have been chosen to receive its first year's grants.The grantees chosen to receive the inaugural Kyndryl Foundation Grants are organizations that address the shortage of trained cybersecurity professionals by providin ...

NEW YORK, March 4, 2024 /PRNewswire/ -- Kyndryl (NYSE:KD), the world's largest IT infrastructure services provider, today announced an expanded, multi-year agreement with Stellantis to manage and operate select essential business operations such as networking, data center support and local IT services support in Europe, North America and South America. Building on the agreement announced in February 2023, Kyndryl will contribute to modernizing Stellantis' IT infrastructure, enabling the automaker to access ...