Start Time: 08:30 January 1, 0000 9:19 AM ET

Kyndryl Holdings, Inc. (NYSE:KD)

Q3 2024 Earnings Conference Call

February 07, 2024, 08:30 AM ET

Company Participants

Martin Schroeter - Chairman and CEO

David Wyshner - Chief Financial Officer

Lori Chaitman - Global Head of Investor Relations

Conference Call Participants

David Togut - Evercore ISI

Tien-Tsin Huang - JPMorgan

Divya Goyal - Scotiabank

Jamie Friedman - Susquehanna

Operator

Good day, and thank you for standing by. Welcome to the Kyndryl's Fiscal Third Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions]. Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker, Lori Chaitman, Global Head of Investor Relations. Please go ahead.

Lori Chaitman

Good morning, everyone, and welcome to Kyndryl's earnings call for the third fiscal quarter ended December 31, 2023.

Before we begin, I'd like to remind you that our remarks today will include forward-looking statements. These statements are subject to risk factors that may cause our actual results to differ materially from those expressed or implied. These forward-looking statements speak only to our expectations as of today, and we are under no obligation to update them. For more details on some of these risks, please see the Risk Factors section of our annual report on Form 10-K for the year ended March 31, 2023.

In today's remarks, we'll also refer to certain non-GAAP financial metrics. Corresponding GAAP metrics and a reconciliation of non-GAAP metrics to GAAP metrics for historical periods are provided in the presentation materials for today's event, which are available on our website at investors.kyndryl.com.

With me here today are Kyndryl's Chairman and Chief Executive Officer, Martin Schroeter; and Kyndryl's Chief Financial Officer, David Wyshner. Following our prepared remarks, we'll hold a Q&A session.

I'd now like to turn the call over to Martin. Martin?

Martin Schroeter

Thank you, Lori, and thanks to each of you for joining us. Kyndryl continues to make great progress in delivering value to customers and to shareholders. Today, we'll provide an update on our strong execution and our accelerated progress as the leader in mission-critical IT infrastructure services.

Our strategy centered around our alliances, advanced delivery and accounts initiatives, Kyndryl Consult and Kyndryl Bridge is paving the way for profitable growth. We're again raising our full year earnings outlook, which reflects our progress and our prospects.