Kyndryl Holdings reports Q2 adjusted EPS (5c), consensus (63c)

Reports Q2 revenue $4.1B, consensus $3.98B. “We’re strengthening and transforming our business at an accelerated pace, which is driving faster-than-anticipated margin expansion and creating future growth opportunities for Kyndryl. We’re again increasing our adjusted earnings outlook for the year, and we remain on track to return to revenue growth in calendar 2025,” said Kyndryl Chairman and CEO Martin Schroeter. “Our customers are increasingly relying on us to provide the mission-critical expertise and technology necessary to harness today’s secular IT trends.”