EPAM Systems' Q4 Non-GAAP Earnings, Revenue Rise; Issues Q1 Outlook

MT Newswires Live
02-20

EPAM Systems (EPAM) reported Q4 non-GAAP earnings Thursday of $2.84 per diluted share, up from $2.75 a year earlier.

Analysts polled by FactSet expected $2.75.

Revenue for the quarter ended Dec. 31 was $1.25 billion, up from $1.16 billion a year earlier.

Analysts surveyed by FactSet expected $1.21 billion.

EPAM said it expects Q1 non-GAAP diluted EPS of $2.22 to $2.32 on revenue of $1.28 billion to $1.29 billion. Analysts polled by FactSet expect $2.59 and $1.26 billion, respectively.

The company said it expects 2025 non-GAAP diluted earnings per share of $10.45 to $10.75. Analysts surveyed by FactSet expect $11.29.

Revenue for the current year is projected to grow 10% to 14%, the company said.

Price: 261.00, Change: +2.89, Percent Change: +1.1

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