Kyndryl shares drop 10% after fourth-quarter earnings miss
Shares of information technology services provider Kyndryl Holdings Inc. closed almost 11% lower today after it posted weaker-than-expected quarterly results. The company generated an adjusted net income of $40 million in the three months ended March 31. That translated into adjusted earnings of $0.18 per share, well below the $0.45 that analysts had expected. Kyndryl […] The post Kyndryl shares drop 10% after fourth-quarter earnings miss appeared first on SiliconANGLE.
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