EPAM Systems (EPAM) Misses Q2 EPS by 2c

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Go back to EPAM Systems (EPAM) Misses Q2 EPS by 2c

EPAM Reports Results for Second Quarter 2016

August 4, 2016 6:00 AM EDT

Second quarter revenues of $283.8 million, up 30% year-over-year

GAAP Diluted EPS of $0.46, up 24% year-over-year 

Non-GAAP Diluted EPS of 0.71, up 22% year-over-year

NEWTOWN, Pa., Aug. 04, 2016 (GLOBE NEWSWIRE) -- EPAM Systems, Inc. (NYSE: EPAM), a leading global provider of product development and software engineering solutions, today announced results for its second quarter ended June 30, 2016.

We are pleased with our second quarter results, which delivered 30.3% year-over-year revenue growth, said Arkadiy Dobkin, CEO and President, EPAM.... More