EPAM Reports Results for Third Quarter 2022

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Go back to EPAM Reports Results for Third Quarter 2022

EPAM Systems (EPAM) PT Lowered to $400 at Needham & Company

November 3, 2022 1:11 PM EDT

Needham & Company analyst Mayank Tandon lowered the price target on EPAM Systems (NYSE: EPAM) to $400.00 (from $490.00) while maintaining a Buy rating following earnings.

The analyst commented, "EPAM posted another impressive quarter, generating 29.8% Y/Y constant currency revenue growth (25.6% organic FXN growth), while also exceeding... More

EPAM Systems (EPAM) Tops Q3 EPS by 62c; Offers Q4 Guidance

November 3, 2022 6:09 AM EDT

EPAM Systems (NYSE: EPAM) reported Q3 EPS of $3.10, $0.62 better than the analyst estimate of $2.48. Revenue for the quarter came in at $1.23 billion versus the consensus estimate of $1.2 billion.

GUIDANCE:

EPAM Systems sees Q4 2022 EPS of $2.62-$2.70, versus the consensus of... More