Kyndryl CEO: Longer Sales Cycles Weighing on Outlook -- Market Talk

Dow Jones

02/09

0938 ET - Kyndryl Holdings cut its outlook for the full fiscal year due to longer sales cycles and its evolving partnership with IBM, Chief Executive Martin Schroeter says on a call with analysts. Schroeter said that with artificial-intelligence acceleration and regulatory uncertainty around data sovereignty, "long-term agreements have become more complex, and therefore sales cycles are taking longer." He added that holdover customers from when the company was an IBM unit are changing their consumption models. "It does have an impact on the size of our signings and therefore the revenue we receive over time." He didn't comment on a review of the company's financial reporting practices, but said the company's 2026 goals remain in place. Shares slide 55%.(elias.schisgall@wsj.com)

(END) Dow Jones Newswires

February 09, 2026 09:38 ET (14:38 GMT)

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Schroeter said that with artificial-intelligence acceleration and regulatory uncertainty around data sovereignty, \"long-term agreements have become more complex, and therefore sales cycles are taking longer.\" He added that holdover customers from when the company was an IBM unit are changing their consumption models. \"It does have an impact on the size of our signings and therefore the revenue we receive over time.\" He didn't comment on a review of the company's financial reporting practices, but said the company's 2026 goals remain in place. Shares slide 55%.(elias.schisgall@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 09, 2026 09:38 ET (14:38 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KD","symbol_name":"Kyndryl","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2610365998","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2610365998","pubTimestamp":1770647880,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0938 ET - Kyndryl Holdings cut its outlook for the full fiscal year due to longer sales cycles and its evolving partnership with IBM, Chief Executive Martin Schroeter says on a call with analysts. Schroeter said that with artificial-intelligence acceleration and regulatory uncertainty around data sovereignty, \"long-term agreements have become more complex, and therefore sales cycles are taking longer.\" He added that holdover customers from when the company was an IBM unit are changing their consumption models. \"It does have an impact on the size of our signings and therefore the revenue we receive over time.\" He didn't comment on a review of the company's financial reporting practices, but said the company's 2026 goals remain in place. Shares slide 55%.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"KD":"Kyndryl"},"translate_title":"Kyndryl首席执行官：较长的销售周期影响前景——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KD":1.5},"content_text":"0938 ET - Kyndryl Holdings cut its outlook for the full fiscal year due to longer sales cycles and its evolving partnership with IBM, Chief Executive Martin Schroeter says on a call with analysts. Schroeter said that with artificial-intelligence acceleration and regulatory uncertainty around data sovereignty, \"long-term agreements have become more complex, and therefore sales cycles are taking longer.\" He added that holdover customers from when the company was an IBM unit are changing their consumption models. \"It does have an impact on the size of our signings and therefore the revenue we receive over time.\" He didn't comment on a review of the company's financial reporting practices, but said the company's 2026 goals remain in place. Shares slide 55%.(elias.schisgall@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 09, 2026 09:38 ET (14:38 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}