Kyndryl Holdings, Inc. (KD) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.07 per share. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 114.29%. A quarter ago, it was expected that this company would post earnings of $0.12 per share when it actually produced earnings of $0.13, delivering a surprise of 8.33%.Over the last four quarters, t ...

Exhibit 99.1 KYNDRYL REPORTS SECOND QUARTER FISCAL 2025 RESULTS ● Revenues for the quarter ended September 30, 2024 total $3.8 billion, pretax loss is $5 million, and net loss is $43 million ● Adjusted EBITDA is $557 million, adjusted pretax income is $45 million, and adjusted net income is $3 million ● Kyndryl Consult again delivers double-digit revenue growth in the quarter and over the last twelve months ● Reaffirms outlook for fiscal year 2025, including constant-currency revenue growth in the fourth qu ...

Revenues for the quarter ended September 30, 2024 total $3.8 billion, pretax loss is $5 million, and net loss is $43 million Adjusted EBITDA is $557 million, adjusted pretax income is $45 million, and adjusted net income is $3 million Kyndryl Consult again delivers double-digit revenue growth in the quarter and over the last twelve months Reaffirms outlook for fiscal year 2025, including constant-currency revenue growth in the fourth quarter, supported by a record level of post-spin signings in the most re ...

Kyndryl Holdings, Inc. (KD) closed the latest trading day at $22.97, indicating a +0.35% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 0.41%. Elsewhere, the Dow saw an upswing of 0.69%, while the tech-heavy Nasdaq appreciated by 0.8%.Shares of the company witnessed a loss of 0.91% over the previous month, trailing the performance of the Business Services sector with its gain of 0.16% and outperforming the S&P 500's loss of 0.97%.The investment community ...

NEW YORK, Nov. 1, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest technology infrastructure services provider, today announced that it has completed the previously announced sale of its transaction processing platform for the securities brokerage industry in Canada, known as Securities Industry Services (SIS), to Broadridge Financial Solutions, Inc.About KyndrylKyndryl (NYSE: KD) is the world's largest IT infrastructure services provider, serving thousands of enterprise customers in more than 6 ...

NEW YORK and TORONTO, Nov. 1, 2024 /PRNewswire/ -- Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) has completed its previously announced acquisition of Kyndryl's Securities Industry Services (SIS) platform, which provides wealth management and capital markets software solutions to Canadian financial services firms. The acquisition further emphasizes Broadridge's commitment to providing leading solutions to the Canadian financial services market that enable simplification and innovation ...

The latest trading session saw Kyndryl Holdings, Inc. (KD) ending at $24.33, denoting a -0.33% adjustment from its last day's close. This change lagged the S&P 500's 0.05% loss on the day. Elsewhere, the Dow saw a downswing of 0.02%, while the tech-heavy Nasdaq appreciated by 0.18%.The company's stock has climbed by 3.34% in the past month, falling short of the Business Services sector's gain of 3.48% and outpacing the S&P 500's gain of 2.76%.The upcoming earnings release of Kyndryl Holdings, Inc. will be o ...

Inaugural global study, with exclusive data from AI-powered Kyndryl Bridge, shows how executives rank risks, prioritize investments, and balance technology and talent Security and regulations top lists of executives' concerns AI return on investment limited by skills, compliance, compatibility End-of-life technology a top challenge for CEOs Talent drives overall readiness NEW YORK, Oct. 16, 2024 /PRNewswire/ -- Kyndryl today released the 2024 Kyndryl Readiness Report, which explores the paradox of why 90% o ...

Company will host earnings call on November 7, 2024 and Investor Day on November 21, 2024 NEW YORK, Oct. 7, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced that it will release results for the quarter ended September 30, 2024, the second quarter of its 2025 fiscal year, after market close on Wednesday, November 6, 2024. Chairman and Chief Executive Officer Martin Schroeter and Chief Financial Officer David Wyshner will host an ...

NEW YORK, Oct. 2, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today unveiled an expanded portfolio of services around Copilot for Microsoft 365 to speed AI adoption in the workplace. Microsoft Gen AI for the workplace by Kyndryl includes services that will help customers maximize the business impact of Copilot for Microsoft 365. Building on its vast experience with deploying enterprise AI services, Kyndryl is helping customers build effective use cases t ...