Kyndryl reported revenues of $3.8 billion, a net loss of $43 million, and record total signings of $5.6 billion, which is a 132% increase year-over-year. The company reaffirms its outlook for fiscal year 2025, expecting constant-currency revenue growth in the fourth quarter.
Revenues for the quarter totaled $3.8 billion with a net loss of $43 million.
Adjusted EBITDA was $557 million, adjusted pretax income was $45 million, and adjusted net income was $3 million.
Kyndryl Consult delivered double-digit revenue growth in the quarter and over the last twelve months.
The company reaffirms its outlook for fiscal year 2025, projecting constant-currency revenue growth in the fourth quarter, supported by record post-spin signings.
Kyndryl is reaffirming its outlook for its fiscal year 2025, which runs from April 2024 to March 2025.
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