EPAM Systems (EPAM) PT Lowered to $202 at Jefferies
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EPAM Reports Results for First Quarter 2024 and Updates Full Year Outlook
May 9, 2024 6:00 AM EDTFirst quarter revenues of $1.165 billion, down 3.8% year-over-yearGAAP income from operations was 9.5% of revenues and non-GAAP income from operations was 14.9% of revenues for the first quarter First quarter GAAP diluted EPS of $1.97, an increase of $0.24, and non-GAAP diluted EPS of $2.46, a decrease of $0.01 on a year-over-year basisFor the full year, EPAM updates expected revenues to now be in the range of $4.575 billion to... More
