Scotiabank Upgrades EPAM Systems (EPAM) to Sector Outperform

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Go back to Scotiabank Upgrades EPAM Systems (EPAM) to Sector Outperform

EPAM, in Collaboration with the IMF, Launch StatGPT 2.0, a GenAI Application for Global Economic Data, to SDMX Sponsor Organizations

November 8, 2024 10:02 AM EST

NEWTOWN, Pa., Nov. 8, 2024 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced the release of the StatGPT 2.0 Platform, created in collaboration with the International Monetary Fund (IMF) for evaluating and testing by Statistical Data and... More

EPAM Reports Results for Third Quarter 2024 and Raises Full Year Outlook

November 7, 2024 6:00 AM EST

Third quarter revenues of $1.168 billion, up 1.3% year-over-yearGAAP income from operations was 15.2% of revenues and non-GAAP income from operations was 19.1% of revenues for the third quarter Third quarter GAAP diluted EPS of $2.37, an increase of $0.72, and non-GAAP diluted EPS of $3.12, an increase of $0.39 on a year-over-year basisFor the full year, EPAM increases expected range for revenues to now be $4.685 billion to... More