Kyndryl's Mixed Q3: Beat on EPS, Miss on Revenue
Update: 2025-11-04
Description
Kyndryl, an IT infrastructure services provider, reported its Q3 earnings for 2025, with sales of $3.72 billion, a 1.4% drop from last year. Despite missing Wall Street's predictions, the company's stock surged by 5.8% due to a 6.2% higher non-GAAP profit per share than expected. CEO Martin Schroeter highlighted growth in areas like Kyndryl Consult and AI, cloud, and security services, expressing optimism for the second half of 2026. Despite a revenue decline over the past five years, analysts forecast a 5.1% growth over the next year, indicating potential improvement with newer products and services.
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