Kyndryl Holdings, Inc. Reaffirms Revenue Guidance for the Full Year Ended March 31, 2023
August 03, 2022 at 04:11 pm
Share
Kyndryl Holdings, Inc. reaffirms revenue guidance for the full year ended March 31, 2023. For the period, the company expects, Revenue of $16.3 to $16.5 billion, which includes an approximately $1.2 billion or seven-percentage-point negative currency impact. This represents a decline of 4% to 3% in constant currency compared to pro forma revenue for the twelve months ended March 31, 2022, which is consistent with the outlook the Company published in May.
Kyndryl Holdings, Inc. is an information technology (IT) infrastructure services provider, serving enterprise customers in more than 60 countries. The Company designs, builds, manages and modernizes the complex, mission-critical information systems. Its segments include United States, Japan, Principal Markets and Strategic Markets. It offers services across domains such as cloud services, core enterprise and zCloud services, applications, data and artificial intelligence (AI) services, digital workplace services, security and resiliency services and network and edge services. Its advisory and implementation services are branded as Kyndryl Consult. The Company designs, builds and provides managed services for its customers' multi-cloud environments. It provides end-to-end enterprise data services, including data transformation, data governance and compliance and data migration. Its digital workplace services provide the technology infrastructure, mobility, security and access solutions.