Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative

Depreciation and amortization

Loss on sale of business

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

EPAM Systems

EPAM Systems, Inc. engages in the provision of software product development and digital platform engineering services. It operates through the following geographical segments: North America, Europe, and Russia. The company was founded by Leonid Lozner and Arkadiy Dobkin in 1993 and is headquartered in Newtown, PA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

EPAM Systems reports strong 2022 performance amidst challenges and outlook

EPAM Systems navigated challenges in 2022, with disruptions from exiting Russia and war in Ukraine impacting revenue growth. The company anticipates lower revenue growth in Q1 2023 but expects improvement in the second half. EPAM is focused on cost management, rebuilding client relationships, and pursuing acquisitions to drive growth.

EPAM Systems reports Q1 revenue growth amidst macroeconomic challenges

EPAM Systems navigated challenges in Q1 with revenue growth and margin performance
Management cautious about macroeconomic uncertainties but optimistic about technology-driven future
Focus on new client additions, strategic M&A, and profitability to drive long-term growth
Adapting outlook based on economic environment and client behavior for sustained performance

EPAM Systems adapts to challenges, focuses on digital growth

EPAM Systems is proactively addressing challenges through strategic adjustments in go-to-market strategies, customer engagement, and talent platform. Despite revenue decline and pricing pressures, the company is focused on digital innovation, global diversification, and strategic partnerships for long-term growth. EPAM's financial performance in Q2 2023 reflects resilience and adaptability in a changing market landscape.

EPAM Systems reports Q3 revenue decline, focuses on cost optimization

EPAM Systems navigated a challenging Q3 with revenue decline and regional variations. Despite facing pricing challenges and potential profitability declines, the company demonstrated strong cash flow and initiated cost optimization efforts. EPAM is focusing on demand stabilization, global partnerships, and strategic acquisitions for future growth.

EPAM Systems reports 6% revenue decline in Q4 2023

EPAM Systems reported mixed performance in 2023, with revenue decline but industry recognition, focusing on cost management and margin protection for stabilized demand.
The company's strengths lie in AI investments, global footprint optimization, and client retention, with opportunities in Gen AI capabilities and revenue growth potential.
Challenges include revenue decline, margin pressures, and market uncertainties, with opportunities for margin improvement, demand realization, and sustained growth.
EPAM's 2024 outlook includes revenue growth expectations, incremental costs, and market uncertainties, emphasizing adaptability and growth strategies for the year.

EPAM Systems adjusts guidance amid revenue challenges and growth opportunities

EPAM Systems adjusted guidance for Q2 and full-year 2024 due to global demand volatility, with revenue impacted by exiting the Russian market.
The company is navigating challenges in revenue growth, margin pressures, and client payment delays, while focusing on cost-saving measures.
EPAM's strategic strengths lie in stable client relationships, growth in key verticals, and investments in lower-cost locations for future expansion.
Opportunities for EPAM include driving profitability, expanding in India and Latin America, and pursuing strategic acquisitions for growth.

EPAM Systems surpasses Q3 expectations, eyes growth in key markets

EPAM Systems delivered better-than-expected Q3 results, with revenue growth and improved profitability. The company's focus on key verticals, strategic acquisitions, and operational efficiencies drove performance. Despite regional revenue variations, EPAM remains optimistic about future growth and plans for further expansion in 2025.
Strong financial health, record cash flows, and a focus on global talent diversification are key strengths for EPAM. Challenges include navigating regional revenue variations and sustaining growth momentum. Opportunities lie in market expansion, innovation through acquisitions, and leveraging diverse talent for future growth.
EPAM's performance in Q3 reflects resilience, adaptability, and a strategic approach to driving growth. With a solid financial foundation and a focus on key verticals, the company is well-positioned for sustained success. Continued investments in capabilities and acquisitions signal a commitment to long-term growth and market leadership.

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Cost of revenue

Gross profit

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SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

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Income tax payable

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Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

EPAM Systems, Inc. engages in the provision of digital engineering, cloud, and artificial intelligence-enabled transformation services. It operates through the following geographical segments: North America, Europe, and Russia. The company was founded by Leonid Lozner and Arkadiy Dobkin in 1993 and is headquartered in Newtown, PA.

NEW YORK, NY / ACCESSWIRE / September 6, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of EPAM Systems, Inc. ("EPAM") (NYSE:EPAM) concerning possible violations of federal securities laws. On May 8, 2024, Epam updated its guidance for the full year and 2Q that was below expectations.

EPAM Systems, Inc. (EPAM) Investors with Losses are Urged to Contact Levi & Korsinsky to Discuss Their Rights

NEW YORK, NY / ACCESSWIRE / September 5, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of EPAM Systems, Inc. ("EPAM") (NYSE:EPAM) concerning possible violations of federal securities laws. On May 8, 2024, Epam updated its guidance for the full year and 2Q that was below expectations.

Investors who Lost Money on EPAM Systems, Inc. Should Contact Levi & Korsinsky About an Ongoing Investigation - EPAM

The acquisition will expand EPAM's delivery capabilities in Latin America and Europe and increase client value across key industries NEWTOWN, Pa. and MIAMI , Sept.

EPAM Announces Agreement to Acquire NEORIS

NEW YORK, NY / ACCESSWIRE / August 29, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of EPAM Systems, Inc. ("EPAM") (NYSE:EPAM) concerning possible violations of federal securities laws. On May 8, 2024, Epam updated its guidance for the full year and 2Q that was below expectations.

Shareholders that lost money on EPAM Systems, Inc.(EPAM) should contact Levi & Korsinsky about Securities Fraud Investigation - EPAM

NEW YORK, NY / ACCESSWIRE / August 28, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of EPAM Systems, Inc. ("EPAM") (NYSE:EPAM) concerning possible violations of federal securities laws. On May 8, 2024, Epam updated its guidance for the full year and 2Q that was below expectations.

An Investigation Has Commenced on Behalf of EPAM Systems, Inc. Shareholders. Contact Levi & Korsinsky to Discuss your EPAM Losses.

BALTIMORE--(BUSINESS WIRE)--Sapio Sciences, the science-aware™ lab informatics platform, today announced that EPAM, a leading global provider of digital platform engineering and development services, has joined the Sapio Sciences Partner Program as a services partner, delivering consulting and implementation services to the complex health and medical ecosystem. EPAM's presence in more than 55 countries will add global scale to the Sapio partner ecosystem, driving forward the use of technology i.

EPAM Joins Sapio Sciences Partner Program

NEW YORK, NY / ACCESSWIRE / August 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of EPAM Systems, Inc. ("EPAM") (NYSE:EPAM) concerning possible violations of federal securities laws. On May 8, 2024, Epam updated its guidance for the full year and 2Q that was below expectations.

EPAM Systems, Inc. Investigated by Shareholder Rights Advocates - Investors Should Contact Levi & Korsinsky Regarding Potential Securities Law Violations - EPAM

NEW YORK, NY / ACCESSWIRE / August 23, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of EPAM Systems, Inc. ("EPAM") (NYSE:EPAM) concerning possible violations of federal securities laws. On May 8, 2024, Epam updated its guidance for the full year and 2Q that was below expectations.

Did EPAM Systems, Inc. Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate - EPAM

EPAM Systems Inc. (NYSE: EPAM), a global leader in digital engineering and consulting services, has had a tough year, with its stock plummeting 32% year-to-date.

Is EPAM Systems stock a buy after plunging 32% year to date?

NEW YORK, NY / ACCESSWIRE / August 22, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of EPAM Systems, Inc. ("EPAM") (NYSE:EPAM) concerning possible violations of federal securities laws. On May 8, 2024, Epam updated its guidance for the full year and 2Q that was below expectations.

Levi & Korsinsky Reminds EPAM Investors of the Ongoing Investigation into Potential Violations of Securities Laws - EPAM

While the top- and bottom-line numbers for Epam (EPAM) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Epam (EPAM) Reports Q2 Earnings: What Key Metrics Have to Say

EPAM Systems, Inc. (NYSE:EPAM ) Q2 2024 Earnings Conference Call August 8, 2024 8:00 AM ET Company Participants Mike Rowshandel - Head of Investor Relations Arkadiy Dobkin - President & Chief Executive Officer Jason Peterson - Chief Financial Officer Conference Call Participants Maggie Nolan - William Blair Bryan Bergin - TD Cowen Darrin Peller - Wolfe Research Jim Schneider - Goldman Sachs Jonathan Lee - Guggenheim Securities Ramsey El-Assal - Barclays Surinder Thind - Jefferies James Friedman - Susquehanna Operator Good day and welcome to the Second Quarter 2024 EPAM Systems Earnings Conference Call. All lines have been placed on mute to prevent any background noise.

EPAM Systems, Inc. (EPAM) Q2 2024 Earnings Call Transcript

EPS of $1.70 exceeded internal guidance but was down 16.3% year over year. Revenue of $1.15 billion exceeded management's guidance range.

EPAM Systems Q2: Mixed Results

EPAM Systems' (EPAM) second-quarter 2024 results reflect the negative impacts of a slowdown in IT spending in the ongoing uncertain macroeconomic environment.

EPAM Systems (EPAM) Q2 Earnings and Revenues Beat Estimates

Epam (EPAM) came out with quarterly earnings of $2.45 per share, beating the Zacks Consensus Estimate of $2.26 per share. This compares to earnings of $2.64 per share a year ago.

Epam (EPAM) Tops Q2 Earnings and Revenue Estimates

EPAM Systems beat quarterly profit and revenue estimates on Thursday, helped by strong demand for its IT services as businesses are increasingly digitizing their operations.

Software provider EPAM beat quarterly results on strong AI adoption

Second quarter revenues of $1.147 billion, down 2.0% year-over-year GAAP income from operations was 10.5% of revenues and non-GAAP income from operations was 15.2% of revenues for the second quarter  Second quarter GAAP diluted EPS of $1.70, a decrease of $0.33, and non-GAAP diluted EPS of $2.45, a decrease of $0.19 on a year-over-year basis For the full year, EPAM narrows expected range for revenues to $4.590 billion to $4.625 billion, updates expected GAAP diluted EPS to now be in the range of $7.18 to $7.38 and non-GAAP diluted EPS to now be in the range of $10.20 to $10.40 For the third quarter, EPAM expects revenues to be in the range of $1.145 billion to $1.155 billion, GAAP diluted EPS to be in the range of $1.75 to $1.83 and non-GAAP diluted EPS to be in the range of $2.65 to $2.73 New Share Repurchase Program - On August 1, 2024, the Board of Directors approved a new share repurchase program with authorization to purchase up to $500 million of EPAM common stock NEWTOWN, Pa. , Aug 8, 2024 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced results for the second quarter ended June 30, 2024.

EPAM Reports Results for Second Quarter 2024 and Updates Full Year Outlook

From a technical perspective, Epam (EPAM) is looking like an interesting pick, as it just reached a key level of support. EPAM recently overtook the 20-day moving average, and this suggests a short-term bullish trend.

Epam (EPAM) Just Overtook the 20-Day Moving Average

Epam (EPAM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Epam (EPAM) Q2 Earnings Expected to Decline

Builders FirstSource

Walgreens

The extended bull market we are in has not been one where a rising tide lifts all boats. The S&P 500 is up 15% year-to-date and is 52% higher since October 2022 when the latest run-up began.

Should You Buy the 3 Worst S&P 500 Stocks in Q2?

NEW YORK, NY / ACCESSWIRE / July 25, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of EPAM Systems, Inc. ("EPAM") (NYSE:EPAM) concerning possible violations of federal securities laws. On May 8, 2024, Epam updated its guidance for the full year and 2Q that was below expectations.

EPAM Being Investigated on Behalf of EPAM Systems, Inc. Investors. Contact Levi & Korsinsky For Details.

NEW YORK, NY / ACCESSWIRE / July 24, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of EPAM Systems, Inc. ("EPAM") (NYSE:EPAM) concerning possible violations of federal securities laws. On May 8, 2024, Epam updated its guidance for the full year and 2Q that was below expectations.

Levi & Korsinsky Investigates Possible Securities Fraud Violations by EPAM Systems, Inc. (EPAM)

Jefferies sees a slowdown in business IT spending bottoming out soon, which could lift shares of EPAM Systems (EPAM).

Jefferies Sees a Bottom for IT Spending—EPAM Systems Stock Could Get a Boost

NEWTOWN, Pa. , July 9, 2024 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, will host a conference call at 8:00 a.m.

EPAM Announces Date for Second Quarter 2024 Earnings Release and Conference Call

NEW YORK, NY / ACCESSWIRE / July 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of EPAM Systems, Inc. ("EPAM") (NYSE:EPAM) concerning possible violations of federal securities laws. On May 8, 2024, Epam updated its guidance for the full year and 2Q that was below expectations.

News for EPAM Systems Stock (EPAM)