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Kyndryl wows investors with strong earnings beat

Shares of Kyndryl Holdings Inc. jumped more than 14% in initial after-hours trading today as the information technology infrastructure services provider reported fiscal first-quarter revenues and earnings that soundly beat Wall Street estimates. Revenue declined 2% from a year ago — 1% in constant currency — to $4.2 billion but beat analyst expectations of $4.09 […]

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