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Stock impact report

KYNDRYL REPORTS FOURTH QUARTER AND FULL-YEAR 2024 RESULTS [Yahoo! Finance]

Kyndryl Holdings, Inc. (KD) 
Company Research Source: Yahoo! Finance
Fiscal year 2024 revenues total $16.1 billion , pretax loss is $168 million , net loss is $340 million , adjusted EBITDA is $2.4 billion , and adjusted pretax income is $165 million Company expects to return to positive constant-currency revenue growth in the fourth quarter and provides outlook for at least $435 million of adjusted pretax income in fiscal year 2025 NEW YORK May 7, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today released financial results for the quarter ended March 31, 2024 , the fourth quarter of its 2024 fiscal year. "Fiscal 2024 was a year of acceleration and achievement for Kyndryl, driven by contributions from employees around the world. As we start our new fiscal year, we have pivoted from transformation to growth. Our strategic progress, our strong growth in Kyndryl Consult and our expansion of our Kyndryl Bridge operating platform solidify our leadership position in mission-critical Show less Read more
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