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 ...

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 incorporation or organization) 41 University ...

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 ...

EPAM Systems, Inc. (NYSE:EPAM) Q4 2023 Earnings Conference Call February 15, 2024 8:00 AM ET Company Participants David Straube - Head, Investor Relations Arkadiy Dobkin - President & Chief Executive Officer Jason Peterson - Chief Financial Officer Conference Call Participants Ramsey El Assal - Barclays Bryan Bergin - TD Cowen David Grossman - Stifel Puneet Jain - JPMorgan Maggie Nolan - William Blair Surinder Thind - Jefferies Moshe Katri - Woodburn Securities Darrin Peller - Wolfe Research Sean Kennedy - ...

• $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, ...