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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Kyndryl Cloud Soars In Q2, Expands Global AI Footprint, Raises Buyback By $400 Million

Kyndryl KD France India Singapore
Ibm,Israel,Ltd,The,Ibm,Studios,,The,House,Of,Technological

On Tuesday, Kyndryl Holdings, Inc. (NYSE:KD) reported a second-quarter earnings beat, highlighting its expansion of AI services in the U.K., France, Singapore, and India, alongside increased share buybacks.

The provider of IT infrastructure services reported second-quarter adjusted earnings per share of 38 cents, beating the analyst consensus estimate of 36 cents.

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