EPAM Reports Results for Fourth Quarter and Full Year 2018
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EPAM Systems (EPAM) PT Raised to $180 at Needham & Company
February 14, 2019 1:47 PM ESTNeedham & Company analyst Mayank Tandon raised the price target on EPAM Systems (NYSE: EPAM) to $180.00 (from $145.00) while maintaining a Buy rating.
Tandon commented, "EPAM capped off 2018 on a strong note, beating expectations on both the top and bottom line. Growth was broad... More
EPAM Systems (EPAM) PT Raised to $170 at Cowen
February 14, 2019 11:16 AM ESTCowen analyst Avishai Kantor raised the price target on EPAM Systems (NYSE: EPAM) to $170.00 (from $145.00) while maintaining a Outperform rating.
"EPAM's strong Q4/18 results and 2019 guidance provide confidence in sustained growth and margin profile for the next 2-3 years," Kantor commented. "Industry-high organic... More
EPAM Systems (EPAM) Tops Q4 EPS by 5c, Revenues Beat; 1Q & FY19 EPS Guidance Below Consensus, Q1 Revenue Outlook Above Consensus
February 14, 2019 6:05 AM ESTEPAM Systems (NYSE: EPAM) reported Q4 EPS of $1.27, $0.05 better than the analyst estimate of $1.22. Revenue for the quarter came in at $504.9 million versus the consensus estimate of $501.15 million.
Revenues increased to $504.9 million, a year-over-year increase of $105.6 million, or 26.5%, and on a constant currency basis, revenues were up 28.9% over the corresponding period last year;GAAP income from operations was $78.3 million, an increase of $26.2 million, or 50.4% , compared to $52.1 million in the fourth quarter of 2017;Non-GAAP income from operations was $93.1 million, an increase of $26.1 million, or 39.0%, compared to $66.9 million in the... More