KD Stock Recent News

NEW YORK , May 20, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest technology infrastructure services provider, today announced a collaboration with NVIDIA to accelerate the development, implementation and use of AI-powered insights and business outcomes. Kyndryl's AI-powered open integration digital business platform, Kyndryl Bridge , will support the end-to-end lifecycle of AI development and implementation in real-world business environments for customers running full-stack NVIDIA accelerated computing and software.

5,000+ Kyndryl mainframe professionals are training to speed deployment of AI-enabled workloads in hybrid cloud environments NEW YORK , May 16, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today unveiled new artificial intelligence (AI) and generative AI-based consulting and managed delivery services to help organizations exploit their mainframe application and data assets as part of their hybrid cloud transformation. Kyndryl is committed to furthering the adoption of AI and generative AI by educating more than 5,000 of its mainframe professionals with new AI skills on top of their tens of thousands of certifications in mainframe and cloud technologies.

Kyndryl exceeded analyst expectations for both earnings and revenue in the fourth quarter. CEO Martin Schroeter expects to return to revenue growth in the fourth quarter of fiscal 2025.

Kyndryl Holdings, Inc. (KD) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.21 per share a year ago.

Company will host earnings call on May 8, 2024 NEW YORK , April 29, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced that it will release results for the fourth quarter and full year ended March 31, 2024, after market close on Tuesday, May 7, 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.

Investors interested in Technology Services stocks are likely familiar with Kyndryl Holdings, Inc. (KD) and Thomson Reuters (TRI). But which of these two companies is the best option for those looking for undervalued stocks?

NEW YORK , Feb. 22, 2024  /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced that Chairman and Chief Executive Officer Martin Schroeter and Chief Financial Officer David Wyshner will discuss information regarding the Company's business and/or financial performance at upcoming investor conferences. Their presentations will be webcast as follows: Evercore ISI Payments & Fintech Innovators Forum on Thursday, February 29 at 1:50 p.m.

Kyndryl Holdings, Inc. (KD) Q3 2024 Earnings Call Transcript

Kyndryl Holdings, Inc. (KD) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of $0.10. This compares to loss of $0.47 per share a year ago.

At the end of December, Bloomberg reported that almost $17 billion in software-related distressed debt was trading significantly below 100 cents on the dollar. This suggests that 2024 could be the year to sell overly leveraged software stocks.