Kyndryl HoldingsNYSE: KD

Poised for ongoing annual revenue growth, margin expansion and significant cash flow generation Board authorizes $300 million share repurchase program NEW YORK , Nov. 21, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today hosted its 2024 Investor Day.  At the event, senior management outlined the Company's growth strategy, multi-year outlook and capital allocation priorities, including initiating a $300 million share repurchase program.

NEW YORK , Nov. 21, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced that its Board of Directors has authorized a $300 million share repurchase program. "Our share repurchase authorization reflects the confidence we have in our business and our outlook for profitable growth," said Martin Schroeter, Kyndryl Chairman and Chief Executive Officer.

End-to-end services help drive innovation and gain more value from mainframe applications and data NEW YORK , Nov. 14, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today launched a portfolio of new end-to-end services that offer enterprises a comprehensive path to modernizing their mainframe applications with the Microsoft Cloud. These new services will accelerate mainframe application migration while unlocking AI insights and generative AI capabilities through Microsoft technologies like Azure OpenAI, Microsoft Copilot and Azure DevOps.

NEW YORK , Nov. 12, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, will host an Investor Day event on Thursday, November 21 at 9:00 a.m. ET, as previously announced.

Kyndryl's fiscal Q2 report delivered good news for investors on key fronts.

Kyndryl Holdings Inc (NYSE:KD ) Q2 2025 Results Conference Call November 7, 2024 8:30 AM ET Company Participants Lori Chaitman - Global Head of Investor Relations Martin Schroeter - Chairman & CEO David Wyshner - Chief Financial Officer Conference Call Participants Divya Goyal - Scotia Bank Jamie Friedman - Susquehanna Tien-Tsin Huang - JPMorgan Isaac Sellhausen - Oppenheimer Operator Good day, and thank you for standing by. Welcome to the Kyndryl's Second Quarter 2025 Earnings Conference Call.

Kyndryl Holdings, Inc. (KD) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.07 per share. This compares to loss of $0.05 per share a year ago.

Revenues for the quarter ended September 30, 2024 total $3.8 billion, pretax loss is $5 million, and net loss is $43 million Adjusted EBITDA is $557 million, adjusted pretax income is $45 million, and adjusted net income is $3 million Kyndryl Consult again delivers double-digit revenue growth in the quarter and over the last twelve months Reaffirms outlook for fiscal year 2025, including constant-currency revenue growth in the fourth quarter, supported by a record level of post-spin signings in the most recent quarter and for the trailing twelve months NEW YORK , Nov. 6, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today released financial results for the quarter ended September 30, 2024, the second quarter of its 2025 fiscal year.  "We continue to build momentum, delivering another quarter of signings growth and remaining well-positioned to deliver top-line growth in the fourth quarter of this fiscal year.

The latest trading day saw Kyndryl Holdings, Inc. (KD) settling at $22.97, representing a +0.35% change from its previous close.