IBM’s Spin-off Kyndryl Holdings (KD), a Rising Leader in IT Infrastructure and Cloud Services
In its recent third-quarter announcement, Kyndryl Holdings (KD), a global IT infrastructure services provider, reported mixed ...
Kyndryl misses third-quarter revenue estimates as strong dollar weighs
Kyndryl on Monday missed Wall Street estimates for third-quarter revenue, as strong AI-linked sales were offset by a strong dollar and the IT services provider's shedding of lower-margin deals.
Yahoo Finance8d
Kyndryl misses third-quarter revenue estimates as strong dollar weighs
Kyndryl had also inherited multiple no-margin contracts from IBM and has been looking to re-work them to generate higher profits. The company recorded adjusted net income of $124 million in the ...
Yahoo Finance7d
Why Kyndryl (KD) Is Climbing Today
The shares of Kyndryl (KD) are advancing 6% after Scotiabank increased its price target on the tech name to $45 from $35. The cloud services company was spun off from IBM (IBM) in 2021.
SiliconANGLE8d
Kyndryl sales fall but management promises return to growth this quarter
Kyndryl Holdings Inc. today reported adjusted ... and offset by a contractually required increase in IBM software costs and layoff charges of $17 million. Adjusted earnings before interest ...
Computer Weekly6d
Kyndryl expands SASE services with Palo Alto Networks
IT infrastructure services provider Kyndryl has launched end-to-end, secure access service edge (SASE) services, combined with artificial intelligence (AI)-powered Palo Alto Networks technology ...
Investing7d
Kyndryl launches SASE services with Palo Alto Networks
NEW YORK - Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider with annual revenue of $15.11 billion, announced today the launch of its new secure access service edge (SASE ...