Kyndryl Continues To Expect 2024 Constant-currency Revenue Growth To Be (6%) To (7%)
Portfolio Pulse from Benzinga Newsdesk
Kyndryl has reaffirmed its expectation for constant-currency revenue growth to be between -6% to -7% for the year 2024.
February 06, 2024 | 9:57 pm
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NEGATIVE IMPACT
Kyndryl's reaffirmation of its expected revenue decline of 6-7% in constant currency terms for 2024 could signal ongoing challenges.
The reaffirmation of a negative revenue growth forecast directly impacts investor sentiment towards Kyndryl, likely leading to negative short-term price movement due to concerns over the company's growth prospects.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100