EPAM Systems (EPAM) reported Q3 adjusted earnings Thursday of $3.12 per diluted share, up from $2.73 a year earlier.
Analysts polled by Capital IQ expected $2.70.
Revenue for the quarter ended Sept. 30 was $1.17 billion, up from $1.15 billion a year earlier.
Analysts surveyed by Capital IQ expected $1.15 billion.
EPAM said it expects Q4 adjusted diluted EPS to be in the range of $2.70 to $2.78 on revenue of $1.21 billion to $1.22 billion. Analysts polled by Capital IQ expect adjusted diluted EPS of $2.70 and revenue of $1.15 billion.
The company said it now expects 2024 adjusted diluted earnings of $10.73 to $10.81. That compares with $10.20 to $10.40 previously. Analysts surveyed by Capital IQ expect $10.30.
The company said it now expects 2024 revenue of $4.69 billion to $4.70 billion. That compares with its prior guidance of $4.59 billion to $4.63 billion. Analysts polled by Capital IQ expect $4.62 billion.
Shares of the company were up more than 6% in recent Thursday premarket activity.
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