NEW YORK, Nov. 21, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced that its Board of Directors has authorized a $300 million share repurchase program."Our share repurchase authorization reflects the confidence we have in our business and our outlook for profitable growth," said Martin Schroeter, Kyndryl Chairman and Chief Executive Officer.  "Our significant progress in expanding our margins and generating free cash flow is all ...

New Kyndryl services, co-developed with Microsoft, provide augmented security operations and fortify Kyndryl's cyber resilience frameworkNEW YORK, Nov. 14, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today introduced a new suite of services, co-developed with Microsoft, to enhance cyber resilience for businesses globally.Kyndryl and Microsoft have built upon their successful, long-standing partnership to develop differentiated, scalable security and resi ...

Microsoft selects Kyndryl to drive customers' transformation to RISE with SAP® NEW YORK, Nov. 14, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced an expanded collaboration with Microsoft to support customers' modernization journeys. Given Kyndryl's end-to-end services and deep SAP expertise, Microsoft has selected Kyndryl to participate in its RISE with SAP migration program to support customers' transformation journeys.  With 94% of executiv ...

End-to-end services help drive innovation and gain more value from mainframe applications and dataNEW YORK, Nov. 14, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today launched a portfolio of new end-to-end services that offer enterprises a comprehensive path to modernizing their mainframe applications with the Microsoft Cloud. These new services will accelerate mainframe application migration while unlocking AI insights and generative AI capabilities thr ...

Kyndryl AI private cloud supports customer testing and adoption using the Dell AI Factory with NVIDIAPrivate AI cloud is also available to Japanese academic institutions for AI research and innovationTOKYO, Nov. 13, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today launched a dedicated AI private cloud designed to enable AI innovation in Japan. Supported by a collaboration with Dell Technologies using the Dell AI Factory with NVIDIA, Kyndryl is establish ...

NEW YORK, Nov. 12, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, will host an Investor Day event on Thursday, November 21 at 9:00 a.m. ET, as previously announced.Chairman and Chief Executive Officer Martin Schroeter and Chief Financial Officer David Wyshner, along with additional members of the executive leadership team, will discuss Kyndryl's market opportunities and growth strategy.To watch the live video webcast of the event, please visi ...

Data and AI are becoming powerful catalysts for driving action and predicting future risksNEW YORK, Nov. 12, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, released the second Global Sustainability Barometer study, commissioned by Microsoft. The study, conducted by Ecosystm, shows that while 84% of organizations place a high strategic importance on achieving sustainability goals, only 21% use technology to reduce their environmental footprint and shape thei ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _________________ TO _________________ 001-40853 (Commission file number) Kyndryl Holdings, Inc. (Exact name of registrant as specified in its charte ...

Kyndryl's fiscal Q2 report delivered good news for investors on key fronts.Kyndryl (KD 13.05%) stock is posting big gains following the company's recent quarterly report. The IT giant's share price was up 13.4% as of 2:15 p.m. ET. Meanwhile, the S&P 500 (^GSPC 0.58%) was up 0.6%.After the market close yesterday, Kyndryl published results for the second quarter of its 2025 fiscal year, which ended Sept. 30. The company posted sales and earnings for the period that were better than Wall Street had anticipated ...

Kyndryl Holdings Inc (NYSE:KD) Q2 2025 Results Conference Call November 7, 2024 8:30 AM ET Company Participants Lori Chaitman - Global Head of Investor Relations Martin Schroeter - Chairman & CEO David Wyshner - Chief Financial Officer Conference Call Participants Divya Goyal - Scotia Bank Jamie Friedman - Susquehanna Tien-Tsin Huang - JPMorgan Isaac Sellhausen - Oppenheimer Operator Good day, and thank you for standing by. Welcome to the Kyndryl's Second Quarter 2025 Earnings Conference Call. At this time ...