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Kyndryl's recent investor day conference brought some very encouraging news for shareholders.
Kyndryl's fiscal Q2 report delivered good news for investors on key fronts.
This led Kyndryl to raise certain guidance items for the entirety of fiscal 2025. It now feels it will book a pre-tax income of at least $475 million. If achieved, this would mean year-over-year ...
Kyndryl partnered with Amazon Web Services in February 2022, [22] and in October 2022, Kyndryl and Microsoft created a data pipeline between Microsoft Azure and Kyndryl's zCloud platform. [23] In 2022, as ranked by revenue, CRN placed Kyndryl No. 6 on its list of largest IT solution providers in North America. [24]
Kyndryl's December-quarter revenue of $3.74 billion missed analysts' average estimate of $3.81 billion, according to data compiled by LSEG. Still, Kyndryl saw strong demand for its services from ...
Companies around the world paid a record $606.1 billion in dividends to their shareholders during the second quarter -- 8.2% more than the prior-year period.
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Both the company's business and its dividend program, then, look safe. Abbott Laboratories has increased its payouts for 52 consecutive years and currently offers a forward yield of 2%.