IT infrastructure specialist Kyndryl Holdings (NYSE: KD) is heading into the weekend on a high note. The company's share ...

Kyndryl Holdings, Inc. operates as a technology services company and IT infrastructure services provider worldwide. The company offers cloud services; core enterprise and zCloud services ...

In its recent third-quarter announcement, Kyndryl Holdings (KD), a global IT infrastructure services provider, reported mixed ...

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 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 ...

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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 ...

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 ...

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 ...