Special report Kyndryl, the IT services biz spun out of IBM in late 2021, has been following in the footsteps of its parent by discreetly shedding hundreds of workers, largely in the US.… ...
Kyndryl separated from IBM in November 2021 to become a standalone business focused on managed infrastructure services. Over time, it’s taken advantage of its freedom to introduce new services ...
We are launching a new data pipe between the mainframe and Microsoft Power Platform so customers can extrapolate data out of their mainframes in an easy way,’ says Petra Goude, Kyndryl global ...
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 ...
We want to shorten the time to integrate, deploy, and tether everything to a hybrid cloud solution,’ says Kyndryl CTO Antoine Shagoury. Kyndryl CTO Antoine Shagoury Global infrastructure ...
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 earnings that beat analysts’ estimates on lower sales in its fiscal third quarter. Earnings of 51 cents per diluted share compared with a loss of ...
Feb 3 (Reuters) - Kyndryl (KD.N), opens new tab 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 ...
IT infrastructure services provider enhances end-to-end secure access service edge services to help customers accelerate adoption of cloud-first, zero-trust offering for network security.
Kyndryl is raising its earnings and cash flow outlook for its FY25: Adjusted pretax income of at least $475M, representing a year-over-year increase of at least $310M; and Adjusted free cash flow ...