EPAM Systems (EPAM) PT Raised to $80 at Needham & Company

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EPAM Reports Results for Second Quarter 2015

August 4, 2015 5:39 PM EDT

Raises guidance for full year Second quarter revenues of $218 million, up 25% year-over-year Non-GAAP net income increased 25% for the second quarter year-over-year

NEWTOWN, Pa., Aug. 4, 2015 (GLOBE NEWSWIRE) -- EPAM Systems, Inc. (NYSE: EPAM), a leading global provider of product development and software engineering solutions, today announced its second quarter 2015 financial results.

Second Quarter 2015 Highlights

Revenues increased to $217.8 million, up 24.7% over the same period last year and up 8.9% over the previous quarter. In constant currency, revenue grew 32.5% year over year and... More