KYNDRYL REPORTS SECOND QUARTER FISCAL 2027 RESULTS
Kyndryl reported Q2 FY27 revenue of $3.65 billion, down 1.9% year-over-year as reported and down 0.8% in constant currency. Adjusted results improved: adjusted EBITDA rose to $699 million from $641 million with margin expanding to 19.1%, and adjusted EPS was $0.42 vs $0.38, though GAAP diluted EPS slipped to $0.27 from $0.29. Free cash flow was a $34 million use in the quarter, and the company reaffirmed its FY27 outlook of $600-$700M adjusted pretax income and $400-$500M free cash flow.
Key figures
- Eps
- 0.27
- Revenue
- 3651000000
- Guidance
- FY27: adjusted pretax income $600-$700M, free cash flow $400-$500M, constant-currency revenue flat to down 2%
- Revenue Yoy
- -1.9%
- Net income
- 59000000
- Q2 signings
- 4100000000
- Adjusted eps
- 0.42
- Ttm signings
- 15500000000
- Pretax income
- 112000000
- Adjusted ebitda
- 699000000
- Operating cash flow
- 172000000
- Adjusted ebitda margin
- 19.1%
- Adjusted pretax income
- 150000000
- Hyperscaler revenue q2
- $550M+, +27.2% YoY
- Consult revenue growth q2
- 4.2%
- Workforce rebalancing charges
- 38000000
AI analysis
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