Grid Dynamics Holdings, Inc. (GDYN) Tops Q4 EPS by 2c, Offers Guidance

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Go back to Grid Dynamics Holdings, Inc. (GDYN) Tops Q4 EPS by 2c, Offers Guidance

Grid Dynamics Reports Fourth Quarter and Full Year 2024 Financial Results

February 20, 2025 4:05 PM EST

Fourth Quarter Revenue of $100.3 million and Full Year Revenue of $350.6 million

SAN RAMON, Calif.--(BUSINESS WIRE)-- Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) (Grid Dynamics or the Company), a leader in enterprise-level artificial intelligence and digital transformation, today announced its results for the fourth quarter and full year ended December 31, 2024.

We are pleased to report fourth quarter 2024 revenues of $100.3 million, exceeding our October 2024 outlook range of $95.0 million to $97.0 million. On a year-over-year basis, our fourth quarter revenues grew at 28.5%. For the full year 2024, we generated revenues of $350.6 million, up... More