Epam (EPAM) came out with quarterly earnings of $2.45 per share, beating the Zacks Consensus Estimate of $2.26 per share. This compares to earnings of $2.64 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 8.41%. A quarter ago, it was expected that this information technology services provider would post earnings of $2.32 per share when it actually produced earnings of $2.46, delivering a surprise of 6.03%. Over the last four q ...

Exhibit 99.1 EPAM Reports Results for Second Quarter 2024 and Updates Full Year Outlook • Second quarter revenues of $1.147 billion, down 2.0% year-over-year • GAAP income from operations was 10.5% of revenues and non-GAAP income from operations was 15.2% of revenues for the second quarter • Second quarter GAAP diluted EPS of $1.70, a decrease of $0.33, and non-GAAP diluted EPS of $2.45, a decrease of $0.19 on a year-over-year basis • For the full year, EPAM narrows expected range for revenues to $4.590 bi ...

From a technical perspective, Epam (EPAM) is looking like an interesting pick, as it just reached a key level of support. EPAM recently overtook the 20- day moving average, and this suggests a short-term bullish trend. A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages. Simila ...

Key Takeaways EPAM Systems stock price chart YTD stephen_wisnefski published on TradingView.com, Jul 16, 2024 14:36 UTC-4 EPAM Systems, Inc., 1h, NYSE EPAM Systems shares fell to their lowest level since the outbreak of the COVID-19 pandemic last month. While they've risen today, they've lost about 30% of their value this year. Wall Street has a consensus share price target of around $223 on EPAM shares, according to Visible Alpha. Do you have a news tip for Investopedia reporters? Please email us at tips@i ...

NEWTOWN, Pa., July 9, 2024 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, will host a conference call at 8:00 a.m. ET, on Thursday, August 8, 2024, to discuss its second quarter 2024 financial results. A news release containing these results will be issued before the call. The conference call will be live on the EPAM website at https://investors.epam.com. Please visit the website at least 15 minutes before the call to register for ...

In today's market, dominated by tech giants and fueled by artificial intelligence (AI) sentiment, it's easy to overlook companies that don't fit the hype of the moment. Contrarian investing is a strategy that involves going against prevailing market trends or sentiment. This approach can be highly rewarding, especially during times of market volatility, as it may allow investors to buy potentially undervalued stocks with significant upside potential. Extensive research and market data strongly suggest that ...

EPAM recently acquired Odysseus Data Services, Inc. to enhance its life sciences value chain by leveraging the latter's expertise in analytics, data methods and artificial intelligence (AI). The company recently updated its Indigo, Bingo and Ketcher tools with the latest updates, including Indigo 1.19.0, Bingo 1.19.0 and Ketcher 2.20.0 versions. EPAM Gains From Partnerships in Data and AI Space The company also partnered with Salesforce (CRM) for the latter's AI capabilities. In the realm of data management ...

Headquartered in Cambridge, Massachusetts, Odysseus generates healthcare data insights and evidence for clients through skilled data science and analytics, software engineering and data management and ontology and vocabulary management. The company's focus on a standardized and systematic approach to healthcare data analytics is the foundation for a better understanding of the inner workings of healthcare interventions in drug treatment, drug safety and efficacy, epidemiological research, provider support, ...

A good percentage of stocks follow a cyclical price pattern, which means they fall in sync with the wider economy's performance. Ironically, Paycom's woes stem from its star product, Beti. During last year's Q4 report, CFO Craig Boelte revealed that many of its clients were gravitating almost exclusively towards the software, which had "eliminated certain billable items, which is cannibalizing a portion of our services and unscheduled revenues." Paycom Software (PAYC) On the date of publication, Hope Mutie ...

We deliver globally, but engage locally with our expert teams of consultants, architects, designers and engineers, making the future real for our clients, our partners and our people around the world. In the 2024 UK IT Sourcing Study by Whitelane Research, more than 300 CIOs from the top IT spending organizations in the UK evaluated close to 900 unique IT sourcing relationships based on key performance indicators and by IT domain, delivering one of the most representative voice-of-the-customer reports on th ...