EPAM Systems (EPAM) shares jumped close to 15% Thursday, delivering the top daily performance in the S&P 500 after the company reported earnings that topped estimates and raised its full-year outlook.
EPAM posted third-quarter revenue of $1.17 billion, up 1.3% year-over-year. Earnings per share (EPS) of $2.37 marked a 72-cent increase from the year-ago period. Both figures exceeded analysts' estimates compiled by Visible Alpha.
The company said it now expects annual revenue of between $4.69 billion and $4.7 billion, up from $4.59 billion to $4.63 billion previously.
EPAM said its latest forecast also reflects the impact of recent acquisitions, including its purchase of NEORIS, a Florida-based technology consulting firm, completed on Nov. 1.
EPAM shares closed 14.9% higher at $232.92 Thursday, though even with Thursday's gains, the stock has lost more than one-fifth of its value since the start of the year.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。