KD Stock Recent News

CHICAGO, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Nerdio , a premier solution for organizations of all sizes looking to manage and cost-optimize native Microsoft cloud technologies, today announced it is partnering with Kyndryl, the world's largest IT infrastructure services provider, to support businesses and IT modernization for customers. Through planned joint activities, including solution co-creation, technical integration, and knowledge sharing, both companies are poised to unlock new opportunities and drive innovation across diverse industries.

Kyndryl Holdings, Inc. (NYSE:KD ) Q1 2025 Results Conference Call August 1, 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 Tien-Tsin Huang - JPMorgan Ian Zaffino - Oppenheimer & Co David Togut - Evercore ISI Divya Goyal - Scotiabank Jamie Friedman - Susquehanna International Group Operator Good day, and thank you for standing by. Welcome to the Kyndryl Fiscal First Quarter 2025 Earnings Conference Call.

Kyndryl Holdings, Inc. (KD) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to break-even earnings per share a year ago.

IT services provider Kyndryl Holdings recorded its first quarterly profit since its spin-off in 2021, helped by growth in its consulting segment and a shift to higher-margin deals.

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 , July 31, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today released financial results for the quarter ended June 30, 2024, the first quarter of its 2025 fiscal year.  "Kyndryl continued its momentum and delivered another strong set of results in the first quarter, led by significant increases in Kyndryl Consult and hyperscaler-related revenues.

Kyndryl Holdings, Inc. (KD) closed the most recent trading day at $26.95, moving +1.2% from the previous trading session.

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Kyndryl Holdings, Inc. (KD) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

New Kyndryl services to drive modernization for customers moving to RISE with SAP   NEW YORK , July 23, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced the selection of the RISE with SAP® solution to accelerate its journey to the cloud and an expanded strategic alliance with SAP. As part of the expansion, Kyndryl will provide SAP® services for the delivery of SAP S/4HANA® Cloud Private Edition to help customers move to the cloud and continue solving their most complex digital transformation challenges.

Kyndryl Holdings, Inc. (KD) closed the most recent trading day at $27.63, moving +1.28% from the previous trading session.