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Kyndryl shares drop 10% after fourth quarter earnings miss

Shares of information technology services provider Kyndryl Holdings Inc. closed 10.75% lower today after it posted weaker-than-expected quarterly results. The company generated an adjusted net income of $40 million in the three months ended March 31. That translated into adjusted earnings of $0.18 per share, well below the $0.45 that analysts had expected. Kyndryl delivered […]

The post Kyndryl shares drop 10% after fourth quarter earnings miss appeared first on SiliconANGLE.



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