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

Earnings data Q4 2023

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

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

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

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 / 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.

Shareholders that Lost Money on EPAM Systems, Inc.(EPAM) Should Contact Levi & Korsinsky About Securities Fraud Investigation - EPAM

NEW YORK, NY / ACCESSWIRE / July 2, 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 Announces an Investigation on Behalf of EPAM Systems, Inc. (EPAM) Shareholders Who May Have Been Affected by Fraud

NEW YORK, NY / ACCESSWIRE / July 1, 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.

Lost Money on EPAM Systems, Inc. (EPAM)? Contact Levi & Korsinsky Regarding an Ongoing Investigation

Akamai Technologies

Albemarle

Boeing

Charter Communications

CVS Health

Dayforce Inc

Dollar Tree

Estee Lauder

Etsy

Globe Life Inc

Global Payments

Intel

Lululemon Athletica

MarketAxess Holdings

Paramount Global

Paycom Software

Walgreens

Warner Bros Discovery Inc

The S&P 500 is up nearly 16% so far this year with dividends reinvested. Artificial intelligence has been the big theme driving gains for Big Tech, especially Nvidia Corp. But 38% of the S&P 500 have had negative returns during the first half of 2024.

These 20 stocks have been the S&P 500's biggest losers so far in 2024

NEW YORK, NY / ACCESSWIRE / June 27, 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 ACTIVE INVESTIGATION: Contact Levi & Korsinsky if you lost money on your EPAM Systems, Inc. investment

Hormel Foods

Kenvue

NIKE

PayPal

VeriSign

Is the market set to continue heading higher? Or after a tremendous run, are the bulls finally running out of steam?

7 S&P 500 Stocks to Buy on the Dip: June 2024

NEW YORK, NY / ACCESSWIRE / June 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 Systems, Inc. INVESTIGATION: Levi & Korsinsky Investigates Potential Securities Fraud by EPAM (EPAM)

GitLab

Teledyne Technologies

On Wall Street, conventional wisdom often reigns supreme. Investors typically flock to popular stocks, following the herd in hopes of catching the next big wave.

Contrarian Picks: 3 Stocks to Buy to Bet Against the Market

NEW YORK, NY / ACCESSWIRE / June 21, 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 / June 18, 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) Shareholders May Have Been Affected by Fraud - Levi & Korsinsky Investigates

EPAM acquires Odysseus Data Services to enhance its life sciences value chain by leveraging the latter's expertise in analytics, data methods and artificial intelligence.

EPAM Expands in Life Sciences Space With Odysseus Buyout

NEW YORK, NY / ACCESSWIRE / June 14, 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. Investigation Ongoing: Contact Levi & Korsinsky to Discuss Your Rights - EPAM

Improving life sciences research, clinical studies and post-market surveillance powered by data and AI NEWTOWN, Pa. , June 13, 2024 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced its acquisition of Odysseus Data Services, Inc., a top health data analytics company.

EPAM Acquires Odysseus -- to transform the Life Sciences Value Chain with Advanced Analytics, Data Methods and AI

Roblox

The nature of the stock market is that at any given time, there will always be stocks to avoid buying and others to load up on ASAP. A good percentage of stocks follow a cyclical price pattern, which means they fall in sync with the wider economy's performance.

Which Stocks Are Tanking Right Now? 3 Names to Avoid.

Receiving top client evaluation scores across most market averages, EPAM has positioned itself as a leading IT service provider in the UK market NEWTOWN, Pa. , June 11, 2024 /PRNewswire/ -- To maintain growth and remain competitive in today's evolving technological landscape, organizations are partnering with external IT vendors for their expertise to accelerate digital initiatives.

EPAM Recognized as a Top IT Sourcing Vendor in the UK

NEW YORK, NY / ACCESSWIRE / June 11, 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.

ATTENTION EPAM SHAREHOLDERS: Investors who Lost Money on EPAM Systems, Inc. are Urged to Contact Levi & Korsinsky About an Ongoing Investigation

NEW YORK, NY / ACCESSWIRE / June 7, 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

NEW YORK, NY / ACCESSWIRE / June 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.

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

Illumina

EPAM Systems' client demand is weaker than anticipated. Paycom's Q2 outlook disappointed investors.

Is It Time to Buy May's Worst-Performing S&P 500 Stocks?

NEW YORK, NY / ACCESSWIRE / June 4, 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. Investigation Ongoing: Contact Levi & Korsinsky About Potential Securities Fraud Allegations - EPAM

EPAM's first-quarter 2024 results reflect the negative impacts of a slowdown in IT spending in the ongoing uncertain macroeconomic environment.

EPAM Q1 Earnings Beat, Shares Fall on Downbeat FY24 Guidance

The headline numbers for Epam (EPAM) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Epam (EPAM) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Major U.S. equities indexes advanced as data showed that initial unemployment claims rose to their highest level since August. The latest signal of cooling in the labor market could nudge the Federal Reserve as policymakers consider how soon it may be appropriate to lower interest rates.

S&P 500 Gains and Losses Today: Epam Systems Shares Plunge Amid Demand Challenges

EPAM Systems, Inc. (NYSE:EPAM ) Q1 2024 Earnings Conference Call May 9, 2024 8:00 AM ET Company Participants David Straube – Head of Investor Relations Arkadiy Dobkin – Chief Executive Officer and President Jason Peterson – Chief Financial Officer Conference Call Participants Bryan Bergin – TD Cowen Jonathan Lee – Guggenheim Securities Maggie Nolan – William Blair Surinder Thind – Jefferies Jason Kupferberg – Bank of America Moshe Katri – Wedbush Securities Ramsey El-Assal – Barclays Ryan Potter – Citigroup James Friedman – Susquehanna James Faucette – Morgan Stanley Arvind Ramnani – Piper Sandler Operator Thank you for standing by. My name is Eric and I will be your conference operator today.

EPAM Systems, Inc. (EPAM) Q1 2024 Earnings Call Transcript

First quarter revenues of $1.165 billion, down 3.8% year-over-year GAAP income from operations was 9.5% of revenues and non-GAAP income from operations was 14.9% of revenues for the first quarter First quarter GAAP diluted EPS of $1.97, an increase of $0.24, and non-GAAP diluted EPS of $2.46, a decrease of $0.01 on a year-over-year basis For the full year, EPAM updates expected revenues to now be in the range of $4.575 billion to $4.675 billion, updates expected GAAP diluted EPS to now be in the range of $7.34 to $7.64 and narrows expected range for non-GAAP diluted EPS to $10.00 to $10.30 For the second quarter, EPAM expects revenues to be in the range of $1.135 billion to $1.145 billion, GAAP diluted EPS to be in the range of $1.52 to $1.60 and non-GAAP diluted EPS to be in the range of $2.21 to $2.29 NEWTOWN, Pa. , May 9, 2024 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced results for the first quarter ended March 31, 2024.

News for EPAM Systems Stock (EPAM)