From IBM to Going It Alone Kyndryl Holdings, IBM’s former infrastructure services business (IBM), is now a stand-alone global technology and IT infrastructure services provider. The company’s ...

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 ...

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.

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 ...

Scotiabank raised the firm’s price target on Kyndryl Holdings (KD) to $45 from $35 and keeps an Outperform rating on the shares. The company reported “another strong quarter,” beating ...

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 ...

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 ...