EPAM Systems (EPAM) Acquires Israel-based White-Hat Ltd

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UPDATE: EPAM Systems (EPAM) Tops Q1 EPS by 13c, Revenues Beat; Offers FY21 EPS Guidance Above Consensus, 2Q EPS/Revs. View Above Consensus

May 6, 2021 6:25 AM EDT

(Updated - May 6, 2021 6:26 AM EDT)

EPAM Systems (NYSE: EPAM) reported Q1 EPS of $1.81, $0.13 better than the analyst estimate of $1.68. Revenue for the quarter came in at $780.8 million versus the consensus estimate of $764.57 million.

"Our strong start to 2021 highlights the rapid pace of digital transformation, application modernization and the need for new business models across industries," said Arkadiy Dobkin, CEO & President, EPAM. "Our global expertise in integrated consulting, software engineering, and cloud-native technology, serves as the foundation for our current and future growth. EPAM continues to attract and onboard global... More