secwatch.observer — SEC 8-K summary
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Issuer:     Kyndryl Holdings, Inc. (KD)
CIK:        0001867072
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001558370-24-014639
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kyndryl reports Q2 FY2025 revenue $3.8B, net loss $43M; adjusted EBITDA $557M, reaffirms FY outlook
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- Revenue $3.8B, down 7% YoY; pretax loss $5M, net loss $43M ($0.19/diluted share).
- Adjusted EBITDA $557M; adjusted pretax income $45M, up 80% YoY; adjusted net income $3M.
- Total signings $5.6B (+132% YoY); twelve-month signings $16.0B (+33% YoY).
- Kyndryl Consult revenue grew 23% YoY; hyperscaler alliance revenue $260M in quarter.
- Reaffirms FY2025: adj. EBITDA margin ≥16.3%, adj. pretax income ≥$460M, constant-currency revenue growth (2%)-(4%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1867072/000155837024014639/0001558370-24-014639-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1867072/000155837024014639/kd-20241106x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-014639

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer