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Kyndryl Holdings Inc reported $12M Q3 net loss, $3.9B revenue, and increased AEBITDA and adjusted pretax income, raising full-year outlook.
Kyndryl Holdings Inc (KD) reported a narrower net loss in Q3, with a net loss of $12 million compared to a net loss of $106 million in the previous year.
The company's revenue decreased by 9% to $3.9 billion year-over-year.
Adjusted EBITDA increased by 6% to $615 million compared to $580 million in the prior-year period.
Kyndryl Holdings raised its full-year outlook for adjusted pretax income to at least $150 million and adjusted EBITDA margin to at least 14.5%.
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Kyndryl Holdings Inc informó una pérdida neta de 12 millones de dólares en el tercer trimestre, unos ingresos de 3.900 millones de dólares y un aumento del AEBITDA y de los ingresos antes de impuestos ajustados, lo que eleva las perspectivas para todo el año.