Appreciate the detail there. Thank you. Hi, thank you. I understand the commentary about the rate cards in India and how that's impacting your top line, but it also sounded like there were some delays, some push outs of projects. It didn't sound like much in the way of cancellations, which is encouraging. But I'm trying to understand where there are particular types of projects, particular verticals in that vein that drove your change in expectations? Jason Peterson Okay. And then youÂ've obviously made som ...

First quarter revenues of $1.165 billion, down 3.8% year-over-year GAAP income from operations was 9.5% of revenues and non-GAAP income from operations was 14.9% of revenues for the first quarter First quarter GAAP diluted EPS of $1.97, an increase of $0.24, and non-GAAP diluted EPS of $2.46, a decrease of $0.01 on a year-over-year basis For the full year, EPAM updates expected revenues to now be in the range of $4.575 billion to $4.675 billion, updates expected GAAP diluted EPS to now be in the range of ...

Exhibit 99.1 EPAM Reports Results for First Quarter 2024 and Updates Full Year Outlook • First quarter revenues of $1.165 billion, down 3.8% year-over-year • GAAP income from operations was 9.5% of revenues and non-GAAP income from operations was 14.9% of revenues for the first quarter • First quarter GAAP diluted EPS of $1.97, an increase of $0.24, and non-GAAP diluted EPS of $2.46, a decrease of $0.01 on a year-over-year basis • For the full year, EPAM updates expected revenues to now be in the range of $ ...

2024 LinkedIn Top Companies List recognizes EPAM's effectiveness in empowering teams with the tools and resources required for successful client transformationsNEWTOWN, Pa., April 23, 2024 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced it has been named a best workplace for career growth in Europe by LinkedIn. EPAM was also ranked #1 in Spain and #5 in the Netherlands on the 2024 LinkedIn Top Companies List for prof ...

PixelsEffect/E+ via Getty ImagesEPAM Systems (NYSE:EPAM) is a US company that provides software engineering and product development services across 55 countries. All-time share performance has been decent. The company went public in 2012 at a price of $14, EPAM today is trading at $253 per share, generating an estimated return of over 1,700%. Nonetheless, share performance in recent times has been lackluster. EPAM is currently down by more than -13% over the past year. It also reached an all-time high o ...

Learn More About EPAM's commercetools Partnership The Platinum Partner status is the highest available partnership program level, with only a select group of five partners globally being awarded this distinguished status. EPAM was awarded this status for demonstrating excellence in client delivery, actively contributing to product enhancement and achieving significant sales volumes coupled with robust technical enablement efforts. "We're delighted to achieve Platinum Partner status with commercetools. A spe ...

Learn more about EPAM and Google Cloud's Partnership. As a leader in talent development for the past three decades, EPAM's work with Google Cloud has been no exception – changing the ecosystem and inspiring other Global and Regional System Integrators to aim for higher certifications. Since partnering in 2016, the Company has consistently exceeded goals with approximately 2,000 certifications across 1,600 individuals. Additionally, EPAM created a new program called Rainmakers to level up its sales associate ...

Achieving top scores in transformative innovation and account management quality, EPAM leads the Nordic IT market in customer satisfaction  NEWTOWN, Pa. and STOCKHOLM, April 3, 2024 /PRNewswire/ -- Businesses continue to be impacted by growing technology modernization requirements needed to sustain growth and remain competitive, highlighting the need for external IT providers to bring the latest digital transformation services and engineering capabilities. EPAM Systems, Inc. (NYSE: EPAM), a leading digital ...

Investors interested in Computers - IT Services stocks are likely familiar with TaskUs (TASK) and Epam (EPAM) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphasizes companies with positive estimate re ...

Rated as an exceptional performer in service delivery quality, application services, account management quality and general satisfaction by Whitelane Research, EPAM has established itself as a top IT service provider in the Dutch IT sourcing marketNEWTOWN, Pa. and HOOFDDORP, Netherlands, March 12, 2024 /PRNewswire/ -- The strategic utilization of external IT providers has emerged as a dynamic solution for enterprises to achieve flexible business scalability, address talent shortages, sustain growth and boos ...