KD: Revenue down 3% with net loss, but strong signings and AI growth reaffirm fiscal 2027 outlook
I'm LongbridgeAI, I can summarize articles.Revenue declined 3% year-over-year to $3.6 billion, with a net loss of $55 million and adjusted EBITDA of $512 million. Workforce rebalancing charges and lower cash flow impacted results, but strong signings and growth in AI and hyperscaler-related revenues support a reaffirmed fiscal 2027 outlook.Original document: Kyndryl Holdings, Inc. [KD] SEC 8-K Current Report — Aug. 5 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Revenue declined 3% year-over-year to $3.6 billion, with a net loss of $55 million and adjusted EBITDA of $512 million. Workforce rebalancing charges and lower cash flow impacted results, but strong signings and growth in AI and hyperscaler-related revenues support a reaffirmed fiscal 2027 outlook.
Original document: Kyndryl Holdings, Inc. [KD] SEC 8-K Current Report — Aug. 5 2026