Kyndryl (NYSE: KD) reported Q3 EPS of $0.51, $0.08 better than the analyst estimate of $0.43. Revenue for the quarter came in at $3.74 billion versus the consensus estimate of $3.83 billion.

Raising Fiscal Year 2025 Earnings and Cash Flow Outlook

Kyndryl is raising its earnings and cash flow outlook for its fiscal year 2025, which runs from April 2024 to March 2025:

Adjusted pretax income of at least $475 million, representing a year-over-year increase of at least $310 million.
Adjusted EBITDA margin of at least 16.7%, representing a year-over-year increase of at least 200 basis points.
Adjusted free cash flow of approximately $350 million.

The Company expects to deliver constant-currency revenue growth of approximately 2% in the fourth quarter.

For earnings history and earnings-related data on Kyndryl (KD) click here.