Grid Dynamics Holdings, Inc. (GDYN) saw its shares soar 21.97% in after-hours trading on Thursday, following the release of its fourth-quarter results and optimistic guidance for the year ahead.
The software services company reported better-than-expected earnings for the fourth quarter. Grid Dynamics also provided an upbeat outlook for 2025, fueling investor confidence in its growth prospects and driving up the stock price significantly in extended trading hours.
While specific details on the company's Q4 performance and 2025 guidance were not provided in the news, the market reaction clearly indicates that Grid Dynamics exceeded expectations and set ambitious targets for the upcoming year, prompting investors to bid up its shares after regular trading hours on Thursday.
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