Grid Dynamics Holdings, Inc. (GDYN) Tops Q4 EPS by 1c
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Grid Dynamics Reports Fourth Quarter and Full Year 2020 Financial Results; Fourth Quarter Revenue of $30.1 million and Full Year Revenue of $111.3 million
March 4, 2021 4:05 PM ESTSAN RAMON, Calif.--(BUSINESS WIRE)-- Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (Grid Dynamics), a leader in enterprise-level digital transformation, today announced results for the fourth quarter and the full year ended December 31, 2020.
We are very pleased with the companys fourth quarter results and how we executed in 2020. We delivered $30.1 million of revenue. Excluding approximately $1.0 million of revenues from our recent acquisition of Daxx, our fourth quarter organic revenue of $29.1 million grew 11% sequentially and was higher than our prior guidance range of $27.7 million to $28.7 million. In each of the three months of... More
