Investors interested in stocks from the Computers - IT Services sector have probably already heard of TaskUs (TASK) and Epam (EPAM) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies with posi ...

Organizations can easily quantify the value of open source and identify areas to fully tap into their open source potential with EPAM's OSPulse™ Enterprise-Level Analytics Open Source DashboardNEWTOWN, Pa., Feb. 22, 2024 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced the launch of OSPulse™, an enterprise-level analytics dashboard for monitoring open source engagement within an organization. The dashboard offers an i ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-35418 EPAM SYSTEMS, INC. (Exact name of registrant as specified in its charter) Delaware 22-3536104 (State or other jurisdiction of (I.R.S. Employer incorporation or organizatio ...

Report underscores increasing consumer expectations for enhanced digital capabilities, with the emergence of fintech disruptors offering more personalized and convenient digital experiencesNEWTOWN, Pa., Feb. 20, 2024 /PRNewswire/ -- EPAM Continuum, the integrated business, technology and experience consulting practice of EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced the release of its fourth annual Consumer Banking Report, reveali ...

EPAM Systems’ (EPAM) shares gained 8% on Thursday after the company reported better-than-expected fourth-quarter 2023 results. The company’s fourth-quarter non-GAAP earnings of $2.75 per share beat the Zacks Consensus Estimate of $2.51. However, the figure decreased 6.1% year over year.Revenues were $1.16 billion, which surpassed the consensus mark of $1.14 billion. However, the top line declined 6% year over year. On a constant-currency basis, excluding the effect of EPAM's withdrawal from Russia, the top ...

David Straube - Head, Investor Relations Ramsey El Assal - Barclays Puneet Jain - JPMorgan Moshe Katri - Woodburn Securities Operator David Straube I would like to remind those listening that some of the comments made on today's call may contain forwardlooking statements. These statements are subject to risks and uncertainties as described in the company's earnings release and SEC filings. Company Participants Conference Call Participants David Grossman - Stifel Surinder Thind - Jefferies Sean Kennedy - Miz ...

• $563M of cash flow from operations for the last 12 months1 • $675M line of credit available in U.S.1 2. Forrester Wave™: Digital Platform Engineering Services, Q2 2016 Cash Flow & Balance Sheet • $2.0B cash balance with nominal debt1 • Capital allocation strategy focused on acquisitions to enhance or add capabilities, in addition, share repurchases to offset dilution from employee equity programs Footnote References on Page 30 EPAM Proprietary & Confidential. 28 EPAM Proprietary & Confidential. 29 Footnot ...

Fourth Quarter 2023 Revenues of $1.157 billion, down 6.0% year-over-year GAAP Income from Operations was 10.6% of revenues and Non-GAAP Income from Operations was 17.3% of revenues GAAP Diluted EPS of $1.66, a decrease of 36.4%, and Non-GAAP Diluted EPS of $2.75, a decrease of 6.1% on a year-over-year basis Full Year 2023 Revenues of $4.691 billion, down 2.8% year-over-year GAAP Income from Operations was 10.7% of revenues and Non-GAAP Income from Operations was 16.3% of revenues GAAP Diluted EPS of $7.06, ...

The study found that EPAM is highly regarded in areas including innovation, business culture and employee experience. EPAM ranked 6th among more than 1,400 companies identified, climbing five spots from 2023. More than 14,000 young professionals were surveyed to identify the most aspirational companies and elements that make the organization's value offer unique. "We're honored to be recognized as a top tech company among young professionals in Colombia," said JP Vergara, Senior Director, Country Head, Colo ...

With high customer satisfaction scores and significant leads above competitors and market averages, EPAM has differentiated itself as a top IT service provider in the European IT sourcing marketNEWTOWN, Pa., Feb. 5, 2024 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced it has been named a Top IT Sourcing Vendor in Europe, earning recognition for exceptional client satisfaction and strong category performance rankings ...