The honeymoon period for IBM's spin-off – Kyndryl Holdings (NYSE: KD) – has officially ended in a fiery wreckage of investor confidence. Once marketed as the agile "vendor-agnostic†future of IT infra... ...

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Kyndryl Holdings, Inc. ("Kyndryl†or the "Company†) (NYSE: KD) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON KYNDRYL HOLDINGS, INC. (KD), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On February 9, 2026, Kyndryl announced the Company's CFO and Gene. ...

Core Viewpoint - Kyndryl Holdings, Inc. is under investigation for potential securities fraud following a significant stock drop of over 52% due to an accounting review and the departure of key executives [1][1][1] Group 1: Investigation Details - The investigation is being conducted by Bleichmar Fonti & Auld LLP to determine if Kyndryl misrepresented its cash management practices and the drivers of its adjusted free cash flow metric [1][1] - The inquiry focuses on Kyndryl's internal controls over financial reporting for FY2025 and the first three quarters of FY2026 [1][1] Group 2: Stock Performance - Kyndryl's stock price fell by more than 52% on February 9, 2026, following the announcement of a delay in the release of its fiscal Q3 2026 financial statement due to an accounting review [1][1] - The stock drop was exacerbated by the immediate departures of the CFO and General Counsel [1][1]

Philadelphia, Pennsylvania--(Newsfile Corp. - February 9, 2026) - Kehoe Law Firm, P.C. is investigating potential securities fraud claims on behalf of investors of Kyndryl Holdings, Inc. ("Kyndryl" or the "Company") (NYSE: KD).On February 9, 2026, Kendryl reported it will delay filing its 10-Q, because it ". . . is reviewing its cash management practices, related disclosures (including regarding the drivers of the Company's adjusted free cash flow metric), the efficacy of the Company's internal control ove ...

San Diego, California--(Newsfile Corp. - February 9, 2026) - Johnson Fistel, PLLP is investigating whether Kyndryl Holdings, Inc. (NYSE: KD) or its executive officers complied with the federal securities laws. The investigation focuses on investors' losses and whether those losses may be recoverable under federal securities laws. If you purchased Kyndryl securities and suffered losses on your investment, join our investigation now: Click Here to Join the Investigation.For more information, contact Jim Bake ...

Q4 earnings season is in full swing, as more than half of the S&P 500 companies have reported earnings results. Earnings have been a positive factor for stocks, with 79% of the 293 S&P 500 companies that have reported beating expectations. According to Bloomberg Intelligence, S&P earnings growth is expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth. Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%.The marke ...

SAN DIEGO, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating whether Kyndryl Holdings, Inc. (NYSE: KD) or its executive officers complied with the federal securities laws. The investigation focuses on investors’ losses and whether those losses may be recoverable under federal securities laws. If you purchased Kyndryl securities and suffered losses on your investment, join our investigation now: Click Here to Join the Investigation. For more information, contact Jim Baker at jimb@johnso ...

BOSTON, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Kyndryl Holdings, Inc. (NYSE: KD) for potential securities law violations. Investors who have lost money in their Kyndryl Holdings, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/kd. What is this all about? Shares of Kyndryl Holdings fell more than 50% in intraday trading on February 9, 2026, after the company disclosed an interna ...

For the quarter ended December 2025, Kyndryl Holdings, Inc. (KD) reported revenue of $3.86 billion, up 3.1% over the same period last year. EPS came in at $0.52, compared to $0.51 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.91 billion, representing a surprise of -1.38%. The company delivered an EPS surprise of -12.85%, with the consensus EPS estimate being $0.60.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

Financial Data and Key Metrics Changes - The company reported revenue of $3.9 billion for the third quarter, reflecting a 3% increase year-over-year on a reported basis, unchanged in constant currency [15][16] - Adjusted EBITDA decreased by 1% year-over-year to $696 million, while Adjusted Pre-Tax Income grew by 5% year-over-year to $168 million [16][18] - Free cash flow generated in the third quarter was $217 million, with a net CapEx of $210 million [18][19] Business Line Data and Key Metrics Changes - Kyndryl Consult experienced a strong performance with a 20% year-over-year growth in constant currency, now representing 25% of total revenue [15][16] - Hyperscaler-related revenue reached $500 million in the third quarter, marking a 58% increase year-over-year, exceeding initial growth expectations [17] - The company signed contracts totaling $3.9 billion in the quarter, with a trailing 12-month revenue book-to-bill ratio remaining above 1.0 [5][16] Market Data and Key Metrics Changes - The company noted a slowdown in attrition rates, particularly in strategic markets and the UK, which has led to increased local hiring costs [31][32] - The evolving partnership with IBM has resulted in a significant reduction in annualized spend from nearly $4 billion to approximately $2 billion, impacting revenue growth [9][58] Company Strategy and Development Direction - The company is focused on expanding its capabilities in AI and private cloud services, responding to increased demand driven by data sovereignty and security requirements [12][66] - The strategic direction emphasizes the importance of long-term customer relationships and adapting to changing market dynamics [13][66] - The company aims to achieve fiscal 2028 targets, projecting approximately $1.1 billion in Adjusted Pre-Tax Income and over $1 billion in adjusted free cash flow [14][23] Management's Comments on Operating Environment and Future Outlook - Management acknowledged that longer sales cycles and evolving customer consumption models are impacting revenue expectations [24][28] - The company remains confident in its growth strategy despite current challenges, emphasizing the importance of adapting to industry disruptions caused by AI and regulatory changes [7][39] - Management reiterated that they do not expect a restatement of financial statements despite ongoing SEC reviews [25][36] Other Important Information - The company has repurchased 3.7 million shares in the quarter, representing 1.6% of outstanding shares, as part of its capital allocation strategy [18][19] - The financial position remains strong with a cash balance of $1.35 billion and a net leverage ratio of 0.7x Adjusted EBITDA [20][21] Q&A Session Summary Question: Outlook and Revision Factors - Analysts inquired about the reasons behind the revised outlook, focusing on sales cycle delays and the evolving IBM partnership [27][28] - Management explained that the sales cycles have lengthened due to market dynamics and regulatory discussions, impacting growth expectations [28][29] Question: Strategic Market Changes - Questions were raised regarding changes in strategic markets, particularly in the UK, and the associated costs and benefits [30][31] - Management indicated that investments in local markets are necessary but may take time to yield results [31][32] Question: Free Cash Flow and Working Capital - Analysts sought clarification on the factors affecting free cash flow projections, particularly in relation to pre-tax income revisions [49][50] - Management confirmed that the primary driver of the change in free cash flow guidance is linked to the revision in pre-tax income [50] Question: Confidence in Fiscal 2028 Targets - Questions were posed about the building blocks supporting confidence in achieving fiscal 2028 targets despite current shortfalls [56][57] - Management highlighted the importance of cash flow growth, profitability improvements, and the shift towards higher-margin contracts as key factors [58][59]