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Kyndryl Holdings Inc  (KD)
Other Ticker:  
 
 
Price: $21.7100 $0.17 0.789%
Day's High: $21.79 Week Perf: 2.21 %
Day's Low: $ 21.35 30 Day Perf: 2.94 %
Volume (M): 895 52 Wk High: $ 22.63
Volume (M$): $ 19,430 52 Wk Avg: $15.97
Open: $21.44 52 Wk Low: $11.36



 Market Capitalization (Millions $) 4,985
 Shares Outstanding (Millions) 230
 Employees 90,000
 Revenues (TTM) (Millions $) 16,458
 Net Income (TTM) (Millions $) -1,032
 Cash Flow (TTM) (Millions $) -117
 Capital Exp. (TTM) (Millions $) 449

Kyndryl Holdings Inc
Kyndryl Holdings Inc. is a newly formed independent company that was spun off from IBM in October 2021. The company is a global provider of technology services, offering solutions in cloud computing, AI, automation, blockchain, and cybersecurity.

Headquartered in New York City, Kyndryl has a global presence, serving customers in over 170 countries. With a workforce of more than 90,000 employees, the company provides digital, infrastructure, and consulting services to businesses across industries, including financial services, healthcare, retail, and manufacturing.

Kyndryl aims to be the worldes leading independent and open technology services organization, providing solutions that are tailored to meet the unique business needs of its customers. The company is focused on driving innovation, agility, and digital transformation for its clients.

Kyndryles portfolio of services includes hybrid cloud management, IT outsourcing, network and security services, workplace services, and more. The company also offers strategic consulting and advisory services to help clients develop and execute their digital transformation strategies.

As an independent company, Kyndryl has a strong focus on sustainability and social responsibility. The company aims to reduce its environmental footprint and promote social equity through its operations and initiatives.

In summary, Kyndryl Holdings Inc. is a global provider of technology services, offering tailored solutions in cloud computing, AI, automation, blockchain, and cybersecurity. The company has a strong focus on innovation, agility, and digital transformation, serving clients across industries worldwide. It also emphasizes sustainability and social responsibility in its operations and initiatives.


   Company Address: One Vanderbilt Avenue, 15th Floor New York 10017 NY
   Company Phone Number: 896-2098   Stock Exchange / Ticker: NYSE KD
   


Customers Net Income fell by KD's Customers Net Profit Margin fell to

-44.09 %

10.24 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
AZPN        6.42% 
LDOS        2.15% 
UIS        8.9% 
ACN        4.79% 
IBM        2.88% 
IRM        7.94% 
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Products & Services

Kyndryl's Game-Changing Unified SIM Enhances Industry Connectivity while Boosting Sales and Tackling Cost Optimization Challenges.

Published Mon, Feb 26 2024 8:00 AM UTC

In a groundbreaking move, Kyndryl, the world's leading IT infrastructure services provider, has announced the launch of its Unified SIM solution. This cutting-edge technology aims to seamlessly integrate public and private 5G networks, providing Industry 4.0 and enterprise sectors with enhanced connectivity round the clock. Moreover, Kyndryl Holdings Inc's recent financial r...

Kyndryl Holdings Inc

Kyndryl Holdings Inc Faces Steep -8.529% Revenue Deterioration in Q3 20242. Bearish Outlook for Kyndryl Holdings Inc as Declining Revenue and Challenges Plague IT Services Provider

Kyndryl Holdings Inc, the world's largest IT infrastructure services provider, has been facing significant challenges that have resulted in a bearish outlook for the company. Lower orders and a decline in revenue have led to dwindling financial performance and increased losses.
In the fiscal interval ending December 31, 2023, Kyndryl Holdings Inc reported a loss per share of $-0.05, compared to a loss of $-0.62 per share in the prior financial reporting period. This signifies a worsening financial condition and highlights the company's struggle to turn a profit. Furthermore, the company experienced a decrease in revenue by -8.529% to $3.94 billion year on year. This decline in revenue showcases the diminishing demand for Kyndryl's IT infrastructure services.

Kyndryl Holdings Inc

Kyndryl Holdings Inc. Reports a Significant -2.536% Decrease in Top-Line during Q2 of Fiscal Year 2024



Kyndryl Holdings Inc has recently experienced a notable gain in its stock, recording a solid increase of 8.22% over the past five trading days. Looking further ahead, the stock has also seen significant growth of 32.99% in 2023. However, it is crucial to examine the financial results of the company, which reveal certain concerns that may impact its future outlook.
1. Declining Revenue:
For the financial period ending September 30, 2023, Kyndryl Holdings Inc reported a decrease in revenue. The figures indicate a decline of -2.536% to $4.07 billion, compared to $4.18 billion in the same period the previous year. Additionally, the sequential revenue decreased by -2.862% from $4.19 billion. These figures are in comparison to the overall growth of the Cloud Computing & Data Analytics industry, which recorded a revenue increase during the same period. This decline raises questions about the company's ability to maintain a market edge.

Kyndryl Holdings Inc

Kyndryl Holdings Inc Makes Remarkable Progress, Reducing Losses and Shrinking Deficit, But Revenue Decline Raises Concerns



Kyndryl Holdings Inc, a prominent player in the technology services industry, recently announced its financial results for the period ending June 30, 2023. While the company continues to face challenges, there are some positive developments in terms of reduced losses and a shrinking deficit. However, declining revenue and a drop in accounts receivable levels raise concerns about the company's sustainable growth.
Financial Losses Show Improvement:
In Q2 2023, Kyndryl Holdings Inc reported a loss of $-0.62 per share, a positive improvement compared to $-1.11 per share in the same period last year. This signifies progress in the company's ongoing efforts to optimize its operations and reduce expenditure. Moreover, in comparison to the previous financial reporting period, which had a break-even EPS, Kyndryl Holdings Inc has managed to limit its losses during the current period.
Revenue Decline and Slowing Demand:
One of the key challenges faced by Kyndryl Holdings Inc is its declining revenue. For the financial period ending June 30 2023, the company reported a 2.215% decrease in revenue to $4.19 billion, compared to $4.29 billion in the corresponding period the prior year. Sequentially, revenue declined by 1.48% from $4.26 billion. This reduction in revenue indicates a shrinking customer base or a possible slowdown in demand for Kyndryl's technology services. Analysts believe this decline is a result of the economic environment and competitive pressures in the industry.






 

Kyndryl Holdings Inc's Segments
 
 
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