Despite cloud growth, Kyndryl shares drop 5.4% on quarterly revenue decline

Source: SiliconANGLE News· Maria Deutscher· August 5, 2026
Despite cloud growth, Kyndryl shares drop 5.4% on quarterly revenue decline

Shares of Kyndryl Holdings Inc. closed 5.38% lower today after it reported a larger-than-expected sales decline for its fiscal first quarter. The technology services giant ended the three months through June 30 with $3.61 billion in revenue. That’s 3% less th…

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