Grid Dynamics Holdings, Inc. (GDYN) Tops Q1 EPS by 3c
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Grid Dynamics Reports First Quarter 2025 Financial Results
May 1, 2025 4:05 PM EDTRecord Revenues of $100.4 million and GAAP Net Income of $2.9 million
SAN RAMON, Calif.--(BUSINESS WIRE)-- Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (Grid Dynamics or the Company), a leader in enterprise-level digital transformation, today announced results for the first quarter ended March 31, 2025.
We are pleased to report first quarter 2025 revenues of $100.4 million, slightly above our outlook range of $98.0 million to $100.0 million that we provided in February 2025.
Retail remained our largest vertical accounting for 31.4% of total revenues during the first quarter of 2025. The Finance vertical demonstrated the strongest performance, with revenues... More
