Kyndryl Holdings, Inc. provided earnings guidance for the fourth quarter and full year 2024. For the quarter, the company expects year-over-year revenues to decline 9% to 11% in constant currency and for the revenue decline to be most pronounced in the U.S. and strategic market segments, where a reduction of lower margin elements is most impactful

For the year, the company continues to expect its constant-currency revenue growth to be (6%) to (7%) and for its fiscal 2024 which translates to $15.9 billion to $16.1 billion based on recent exchange rates.