Kyndryl Holdings Inc To host an Investor Day  Summary - Thomson StreetEvents

Kyndryl Holdings Inc To host an Investor Day Summary

Kyndryl Holdings Inc To host an Investor Day  Summary - Thomson StreetEvents
Kyndryl Holdings Inc To host an Investor Day Summary
Published Nov 21, 2024
28 pages (18256 words) — Published Nov 21, 2024
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of KD.N corporate analyst meeting

  
Brief Excerpt:

...A. We're very close as we've said before, we're going to grow next quarter. B. We're initiating capital returns with a $300 million stock buyback, which obviously be funded by significant free cash flow generation. C. We manage more than 60% of the world's outsourced mainframes. D. And because our services are so vital to the role that our customers need to play in the world, we have very little customer churn, I'd say north of 95% of our customers we keep. -- E. Our engineers have more than 77,000 technical credentials. F. And when we look at the path we're on, we talk about acceleration, we look at the path we're on, that's more than 50% increase in just the last two years. G. And in that process of moving into the ecosystem that matter, getting out of the narrowly defined IBM ecosystem, we doubled our addressable market and now we're tracking as we said, in our previous guidance, we will deliver $1 billion of revenue just in the hyperscaler related revenue streams this year. H. So after...

  
Report Type:

Brief

Source:
Company:
Kyndryl Holdings Inc
Ticker
KD.N
Time
2:00pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Ian Zaffino - Oppenheimer & Co. - Analyst : It's Ian Zaffino from Oppenheimer. And question would be on the consult side. Maybe you could talk a little bit about the contract terms that you're seeing, maybe the length also, maybe the PTI margins you're seeing on the Consult side? And then maybe as a follow-up, how much of that is actually the migration piece of it? And then how do we think about the Consult business once the migration is complete, and the services you provide?


Question: Ian Zaffino - Oppenheimer & Co. - Analyst : Okay. Ian Zaffino from Oppenheimer. Can we just talk about the buyback for a second a little bit longer. How did you arrive at the $300 million number? I mean, I'm just looking at kind of the cash flow and you can exhaust that within less than a year, if you need to. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. NOVEMBER 21, 2024 / 2:00PM, KD.N - Kyndryl Holdings Inc To host an Investor Day So what's the purpose here? Is it to defend the stock? Just return cash? Again, how do you arrive at that number? And then also when I look at some of the margin numbers, just given the higher margin profile of consult, given how much larger the mix is going to become, are we being conservative when we look at kind of '28 and the PTI margins you're outlining?

Table Of Contents

Kyndryl Holdings Inc at Morgan Stanley Technology, Media & Telecom Conference Summary – 2025-03-04 – US$ 54.00 – Edited Brief of KD.N presentation 4-Mar-25 5:15pm GMT

Kyndryl Holdings Inc at Morgan Stanley Technology, Media & Telecom Conference Transcript – 2025-03-04 – US$ 54.00 – Edited Transcript of KD.N presentation 4-Mar-25 5:15pm GMT

Kyndryl Holdings Inc Q3 2025 Earnings Call Summary – 2025-02-04 – US$ 54.00 – Edited Brief of KD.N earnings conference call or presentation 4-Feb-25 1:30pm GMT

Kyndryl Holdings Inc Q3 2025 Earnings Call Transcript – 2025-02-04 – US$ 54.00 – Edited Transcript of KD.N earnings conference call or presentation 4-Feb-25 1:30pm GMT

Kyndryl Holdings Inc To host an Investor Day Transcript – 2024-11-21 – US$ 54.00 – Edited Transcript of KD.N corporate analyst meeting</ 21-Nov-24 2:00pm GMT

Kyndryl Holdings Inc Q2 2025 Earnings Call Summary – 2024-11-07 – US$ 54.00 – Edited Brief of KD.N earnings conference call or presentation 7-Nov-24 1:30pm GMT

Kyndryl Holdings Inc Q2 2025 Earnings Call Transcript – 2024-11-07 – US$ 54.00 – Edited Transcript of KD.N earnings conference call or presentation 7-Nov-24 1:30pm GMT

Kyndryl Holdings Inc Q2 2024 Earnings Call Summary – 2023-11-08 – US$ 54.00 – Edited Brief of KD.N earnings conference call or presentation 8-Nov-23 1:30pm GMT

Kyndryl Holdings Inc Q2 2024 Earnings Call Transcript – 2023-11-08 – US$ 54.00 – Edited Transcript of KD.N earnings conference call or presentation 8-Nov-23 1:30pm GMT

Kyndryl Holdings Inc at Citi Global Technology Conference Summary – 2023-09-08 – US$ 54.00 – Edited Brief of KD.N presentation 8-Sep-23 2:30pm GMT

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Thomson StreetEvents. "Kyndryl Holdings Inc To host an Investor Day Summary" Nov 21, 2024. Alacra Store. May 14, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Kyndryl-Holdings-Inc-To-host-an-Investor-Day-B16138790>
  
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Thomson StreetEvents. (2024). Kyndryl Holdings Inc To host an Investor Day Summary Nov 21, 2024. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Kyndryl-Holdings-Inc-To-host-an-Investor-Day-B16138790>
  
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