Kyndryl (KD) Reports Q1 Loss of $1.02/sh

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KYNDRYL REPORTS QUARTERLY RESULTS

May 4, 2022 4:20 PM EDT

Revenues for the quarter ended March 31, 2022 total $4.4 billion, net loss is $229 million, pretax loss is $189 million, and adjusted pretax loss is $51 million Delivers early progress on its Alliances, Advanced Delivery and Accounts initiatives Issues outlook for the fiscal year beginning April 2022

NEW YORK, May 4, 2022 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today released financial results for the quarter ended March 31, 2022.

"In Kyndryl's first full quarter as an independent company, we've... More