LOS ANGELES, April 29, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Kyndryl Holdings, Inc. ("Kyndryl" or "the Company") (NYSE: KD) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Kyndryl is the subject of a Reuters article published on March 27, 2025, titled: "Kyndryl shares slump after Gotham City alleges it manipulated metrics." According to the article, Kyndryl suffered a drop in share price after "a research report from short-seller Gotham City alleged the IT services provider has manipulated certain financial metrics. Gotham City said Kyndryl manipulated its reported adjusted EBITDA and adjusted free cash flow to give the appearance of profits and cash flow while in reality it generated losses and burned cash." Based on this news, shares of Kyndryl fell by 5% on the same day.
NEW YORK, April 28, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Kyndryl Holdings, Inc. ("Kyndryl" or the "Company") (NYSE: KD). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Kyndryl and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
NEW YORK, April 24, 2025 /PRNewswire/ --
Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Kyndryl Holdings, Inc. (NYSE: KD) resulting from allegations that Kyndryl may have issued materially misleading business information to the investing public.
So What: If you purchased Kyndryl securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
LOS ANGELES, April 24, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Kyndryl Holdings, Inc. ("Kyndryl" or "the Company") (NYSE: KD) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Kyndryl is the subject of a Reuters article published on March 27, 2025, titled: "Kyndryl shares slump after Gotham City alleges it manipulated metrics." According to the article, Kyndryl suffered a drop in share price after "a research report from short-seller Gotham City alleged the IT services provider has manipulated certain financial metrics. Gotham City said Kyndryl manipulated its reported adjusted EBITDA and adjusted free cash flow to give the appearance of profits and cash flow while in reality it generated losses and burned cash." Based on this news, shares of Kyndryl fell by 5% on the same day.
New Kyndryl services using Microsoft Purview help organizations improve data discovery, protection and AI readiness
NEW YORK, April 24, 2025 /PRNewswire/ -- Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, today announced the launch of Kyndryl Consult Data Security Posture Management utilizing Microsoft Purview. The new services enhance data protection, privacy and risk mitigation capabilities, helping organizations ensure that their data is secure, discoverable and appropriately classified across complex, hybrid environments.
NEW YORK, April 19, 2025 /PRNewswire/ --
Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Kyndryl Holdings, Inc. (NYSE: KD) resulting from allegations that Kyndryl may have issued materially misleading business information to the investing public.
So What: If you purchased Kyndryl securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
Company will host earnings call on May 8, 2025
NEW YORK, April 17, 2025 /PRNewswire/ -- Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, today announced that it will release results for the fourth quarter and full year ended March 31, 2025, after market close on Wednesday, May 7, 2025. Chairman and Chief Executive Officer Martin Schroeter and Chief Financial Officer David Wyshner will host an earnings conference call and webcast at 8:30 a.m. ET on Thursday, May 8, 2025.
Kyndryl Consult to facilitate customer design, build and implementation of AI workloads
Kyndryl AI Private Cloud services support collaborations with NVIDIA and other ecosystem partners
NEW YORK, April 16, 2025 /PRNewswire/ -- Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, today introduced a suite of AI private cloud services and consulting expertise designed to deliver a seamless, end-to-end experience for enterprise-grade AI solutions – from design and rapid development to full operation.
Kyndryl data and application services combined with Data Transformation Suite for SAP Solutions accelerate customer migration to SAP S/4HANA Cloud
NEW YORK, April 15, 2025 /PRNewswire/ -- Kyndryl (NYSE:KD), a leading provider of mission-critical enterprise technology services, today announced the launch of a Data Transformation Suite for SAP Solutions to help customers speed and streamline their migration to SAP S/4HANA Cloud.
NEW YORK, April 14, 2025 /PRNewswire/ --
Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Kyndryl Holdings, Inc. (NYSE: KD) resulting from allegations that Kyndryl may have issued materially misleading business information to the investing public.
So What: If you purchased Kyndryl securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
Kyndryl recognized for combining generative AI and automation, optimizing environments and tailoring solutions to customers' needs
NEW YORK, April 14, 2025 /PRNewswire/ -- Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, today announced that research company ISG has recognized Kyndryl as a Leader in all regions for 'Mainframe Optimization Services', 'Mainframe as a Service', and 'Mainframe Operations' in the ISG Provider Lens™ Quadrant Report 2025. In the US, Kyndryl has also been identified as a Leader in 'Application Modernization Services'. A complimentary copy of the full report is available here.
NEW YORK, April 8, 2025 /PRNewswire/ -- Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, today announced that it has received the 2025 Google Cloud Global Partner of the Year Award for Infrastructure Modernization.
"We are pleased to recognize Kyndryl as a 2025 Google Cloud Partner Award winner," said Kevin Ichhpurani, President, Global Partner Ecosystem, Google Cloud. "Kyndryl's comprehensive infrastructure modernization services have allowed customers to improve some of their most foundational operations and set up for success with generative AI."
Placed in the Leaders Quadrant for our Ability to Execute and Completeness of Vision
NEW YORK, March 31, 2025 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced it has been recognized as a Leader in the 2025 Gartner Magic Quadrant for Outsourced Digital Workplace Services (ODWS). A complimentary copy of the full report is available here.
NEW YORK, March 27, 2025 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today issued a statement in response to a short seller report.
"The short seller report issued this morning in relation to Kyndryl contains claims that are inaccurate and deliberately misleading.
Kyndryl rejects in the strongest possible terms the conclusion reached within the report, which was clearly designed to manipulate the company's stock for the short seller's benefit.
Kyndryl certified as a specialized Google Cloud partner for Gemini models
NEW YORK and SUNNYVALE, Calif., March 27, 2025 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced an expanded partnership with Google Cloud to leverage generative AI to help streamline and accelerate the modernization of mainframe applications and data. As part of the partnership, Kyndryl has been certified as a specialized partner for Google Cloud's AI and Gemini models.
The program serves new markets and introduces select multi-year grants to deepen community impact
NEW YORK, March 4, 2025 /PRNewswire/ -- Kyndryl Foundation, the philanthropic arm of Kyndryl, today announced that 12 nonprofit organizations from 11 countries have been awarded its second-year grants. The program is expected to touch the lives of more than 55,000 people over the next two years through cybersecurity and artificial intelligence (AI) skills development, awareness and job placement initiatives.
Kyndryl Collaborates with Microsoft to Bring Dragon Copilot to Market
Dragon Copilot to be enabled by generative AI-powered ambient listening voice recognition
NEW YORK, March 3, 2025 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced it is partnering with Microsoft to support adoption and deployment of a new AI-powered healthcare assistant. Kyndryl will collaborate with Microsoft as a strategic partner for the new Microsoft Dragon Copilot solution that will use voice dictation, ambient listening, and natural language capabilities powered by generative AI to automate clinical documentation, improve administrative efficiency and allow clinicians to focus on patient care.
New tech hub will embrace the UK government's ambition to deploy AI across the country and foster the next generation of talent
LIVERPOOL, England, Feb. 26, 2025 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced the launch of a new technology hub in Liverpool that will support the digital transformation of UK and global customers. Kyndryl will create up to 1,000 software engineering and AI-related jobs over the next three years to drive AI and technology innovation in the Liverpool City Region.
NEW YORK, Feb. 25, 2025 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced that Chairman and Chief Executive Officer Martin Schroeter and Chief Financial Officer David Wyshner will speak at the Morgan Stanley TMT Conference on Tuesday, March 4, 2025 at 9:15 a.m. PT/12:15 p.m. ET. During the course of the event, they will discuss information regarding the Company's business and/or financial performance.
Kyndryl's end-to-end SASE services will help customers drive adoption of Palo Alto Networks' cloud-first, zero-trust solution for network security
NEW YORK, Feb. 5, 2025 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced the launch of end-to-end, secure access service edge (SASE) services, combined with Palo Alto Networks Prisma SASE powered by Precision AI, enabling customers to enhance network security by adopting a cloud-first, zero-trust network security solution.
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