Kyndryl shares slip after first-quarter results miss expectations
Kyndryl Holdings reported first-quarter fiscal 2027 results for the quarter ended 30 June 2026 that fell short of Wall Street expectations on both profitability and revenue metrics. The enterprise technology services company posted an adjusted loss of $0.12 per share against analyst forecasts for break-even earnings. Revenue reached $3.6 billion, trailing the consensus estimate of $3.67 billion and representing a 3% decline from the prior-year quarter on both reported and constant-currency base
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