Kyndryl gains as Q2 EBITDA beats market expectations

Kyndryl Holdings

04/11/2025 22:21

** Shares in Kyndryl KD.N up 3.8% at $28.50 in extended trading

** The information technology services provider beats Q2 adjusted EBITDA estimates

** Posts $641 mln in adjusted EBITDA, above market expectations of $618.33 mln, per LSEG-compiled data

** Announces additional $400 mln share repurchase authorization

** Up to last close, stock had fallen ~21% so far this year

(Reporting by Prerna Bedi in Bengaluru)

((Prerna.Bedi@thomsonreuters.com ; +91 98052 24616))