EPAM Systems (EPAM) Tops Q1 EPS by 44c

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Go back to EPAM Systems (EPAM) Tops Q1 EPS by 44c

EPAM Reports Results for First Quarter 2022

May 5, 2022 6:02 AM EDT

First quarter revenues of $1.172 billion, up 50.1% year-over-yearGAAP Income from Operations was 11.0% of revenues and Non-GAAP Income from Operations was 16.1% of revenues for the first quarterFirst quarter GAAP Diluted EPS of $1.52, a decrease of 18.3%, and Non-GAAP Diluted EPS of $2.49, an increase of 37.6% on a year-over-year basis For the second quarter, EPAM expects revenue to be at least $1.140 billion, GAAP Diluted EPS to be at least $0.73 and Non-GAAP Diluted EPS to be at least $1.70

NEWTOWN, Pa., May 5, 2022 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading... More