Workflow
Kyndryl (KD)
icon
Search documents
Kyndryl (KD) - 2025 Q1 - Quarterly Results
2024-07-31 20:19
Exhibit 99.1 KYNDRYL REPORTS FIRST QUARTER FISCAL 2025 RESULTS ● Revenues for the quarter ended June 30, 2024 total $3.74 billion, pretax income is $64 million, and net income is $11 million ● Adjusted EBITDA is $556 million, adjusted pretax income is $92 million, and adjusted net income is $31 million ● Kyndryl Consult continues to gain momentum with double-digit revenue growth in the quarter and over the last twelve months ● Raises adjusted earnings outlook for fiscal year 2025 and reaffirms constant-curr ...
KYNDRYL REPORTS FIRST QUARTER FISCAL 2025 RESULTS
Prnewswire· 2024-07-31 20:15
Revenues for the quarter ended June 30, 2024 total $3.74 billion, pretax income is $64 million, and net income is $11 million Adjusted EBITDA is $556 million, adjusted pretax income is $92 million, and adjusted net income is $31 million Kyndryl Consult continues to gain momentum with double-digit revenue growth in the quarter and over the last twelve months Raises adjusted earnings outlook for fiscal year 2025 and reaffirms constant-currency revenue outlook with revenue growth in the fourth quarter NEW YORK ...
Fast-paced Momentum Stock Kyndryl Holdings, Inc. (KD) Is Still Trading at a Bargain
ZACKS· 2024-07-25 13:50
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...
Kyndryl Selects RISE with SAP and Expands Alliance to Simplify Customers' Cloud Transformations
Prnewswire· 2024-07-23 12:00
Migration and Transformation: Kyndryl collaborates with customers to create customized business and technical transformation roadmaps tailored to optimize SAP systems and drive efficiencies. Kyndryl also leverages SAP Activate and its advanced data transformation tools and automation capabilities to support customers' transition to RISE with SAP. Kyndryl's comprehensive suite of tools, including advanced data mapping, automated data integrity and intelligent data archiving solutions, integrate with its agil ...
Why Kyndryl Holdings, Inc. (KD) Outpaced the Stock Market Today
ZACKS· 2024-07-22 23:21
Kyndryl Holdings, Inc. (KD) closed the most recent trading day at $27.63, moving +1.28% from the previous trading session. This change outpaced the S&P 500's 1.08% gain on the day. Meanwhile, the Dow gained 0.32%, and the Nasdaq, a tech-heavy index, added 1.58%. The investment community will be closely monitoring the performance of Kyndryl Holdings, Inc. in its forthcoming earnings report. The company is scheduled to release its earnings on July 31, 2024. Meanwhile, the Zacks Consensus Estimate for revenue ...
Are Business Services Stocks Lagging Kyndryl Holdings, Inc. (KD) This Year?
ZACKS· 2024-07-16 14:46
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Kyndryl Holdings, Inc. is currently sporting a Zacks Rank of #2 (Buy). Over the past three months, MediaAlpha, Inc.'s consensus EPS estimate for the current year has increased 131.9%. The stock currently has a Zacks Rank #2 (Buy). Kyndryl Holdings, Inc. is a mem ...
Kyndryl Holdings, Inc. (KD) Rises Higher Than Market: Key Facts
ZACKS· 2024-07-15 23:20
The most recent trading session ended with Kyndryl Holdings, Inc. (KD) standing at $26.74, reflecting a +0.98% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily gain of 0.28%. Elsewhere, the Dow gained 0.53%, while the tech-heavy Nasdaq added 0.4%. Coming into today, shares of the company had gained 3.64% in the past month. In that same time, the Business Services sector gained 1.47%, while the S&P 500 gained 3.78%. The upcoming earnings release of Kyndryl Holdings, Inc. ...
KYNDRYL TO RELEASE QUARTERLY RESULTS ON JULY 31, 2024
Prnewswire· 2024-07-15 13:00
Company will host earnings call on August 1, 2024 NEW YORK, July 15, 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 June 30, 2024, the first quarter of its 2025 fiscal year, after market close on Wednesday, July 31, 2024. Chairman and Chief Executive Officer Martin Schroeter and Chief Financial Officer David Wyshner will host an earnings conference call and webcast at 8:30 a.m ...
Kyndryl Holdings, Inc. (KD) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-07-08 23:21
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.38 per share and revenue of $15.38 billion, indicating changes of +1354.55% and -6.57%, respectively, compared to the previous year. In terms of valuation, Kyndryl Holdings, Inc. is presently being traded at a Forward P/E ratio of 18.82. Its industry sports an average Forward P/E of 22.17, so one might conclude that Kyndryl Holdings, Inc. is trading at a discount comparatively. To follow KD in the coming trading sessions, be su ...
Wall Street Analysts See Kyndryl Holdings, Inc. (KD) as a Buy: Should You Invest?
ZACKS· 2024-07-08 17:56
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Kyndryl Holdings, Inc. (KD) . Kyndryl Holdings, Inc. currently has an aver ...