EPAM Reports Results for Third Quarter 2018

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EPAM Systems (EPAM) Tops Q3 EPS by 12c, Revenues Beat; Offers FY18 EPS Guidance Above Consensus

November 1, 2018 6:21 AM EDT

EPAM Systems (NYSE: EPAM) reported Q3 EPS of $1.17, $0.12 better than the analyst estimate of $1.05. Revenue for the quarter came in at $468.2 million versus the consensus estimate of $467.01 million.

"Our continued focus on expanding and strengthening our engineering, design and consulting capabilities helped us deliver another strong quarter," said Arkadiy Dobkin, CEO & President, EPAM. "As our customers try to keep pace with constant change, we will continue to meet their demands with our compelling, disruptive solutions, delivering value and broadening our relevance to the market."

Third Quarter 2018... More