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 ...

Kyndryl’s Strategic Financial Moves Kyndryl inherited several no-margin contracts from IBM and has been looking to rework them to generate higher profits. It has progressed in addressing ...

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 ...

IT infrastructure services provider Kyndryl has launched end-to-end ... that can offer best-in-class security, while ensuring no less than an “exceptional” user experience for IT teams ...

Revenue: US$3.74b (down 4.9% from 3Q 2024). Net income: US$215.0m (up from US$12.0m loss in 3Q 2024). Profit margin: 5.7% (up from net loss in 3Q 2024). EPS: US$0.93 (up from US$0.052 loss in 3Q ...

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 ...

Kyndryl said the year-over-year constant-currency revenue decline reflects its continued progress in reducing inherited no-margin and low-margin contracts and the sale of its Securities Industry ...

For its third quarter of fiscal 2025, Kyndryl posted revenue of $3.74 billion, which was down from the nearly $3.94 billion it earned in the same period of fiscal 2024. It also missed the ...