NEWTOWN, Pa. (AP) — NEWTOWN, Pa. (AP) — Epam Systems Inc. (EPAM) on Thursday reported third-quarter profit of $136.3 million.
On a per-share basis, the Newtown, Pennsylvania-based company said it had profit of $2.37. Earnings, adjusted for stock option expense and non-recurring costs, came to $3.12 per share.
The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.70 per share.
The information technology services provider posted revenue of $1.17 billion in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $1.15 billion.
For the current quarter ending in December, Epam expects its per-share earnings to range from $2.70 to $2.78.
The company expects full-year earnings in the range of $10.73 to $10.81 per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EPAM at https://www.zacks.com/ap/EPAM
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。