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

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

EPAM Reports Results for Third Quarter 2022

November 3, 2022 6:00 AM EDT

Third quarter revenues of $1.227 billion, up 24.1% year-over-yearGAAP Income from Operations was 14.7% of revenues and Non-GAAP Income from Operations was 18.9% of revenues for the third quarterThird quarter GAAP Diluted EPS of $2.63, an increase of 34.9%, and Non-GAAP Diluted EPS of $3.10, an increase of 28.1% on a year-over-year basis For the fourth quarter, EPAM expects revenues to be in the range of $1.220 billion to $1.230 billion, GAAP Diluted EPS to be in the range of $2.02 to $2.10 and Non-GAAP Diluted EPS to be in the range of $2.62 to... More