EPAM(EPAM) - 2024 Q3 - Quarterly Results

Exhibit 99.1 EPAM Reports Results for Third Quarter 2024 and Raises Full Year Outlook • Third quarter revenues of $1.168 billion, up 1.3% year-over-year • GAAP income from operations was 15.2% of revenues and non-GAAP income from operations was 19.1% of revenues for the third quarter • Third quarter GAAP diluted EPS of $2.37, an increase of $0.72, and non-GAAP diluted EPS of $3.12, an increase of $0.39 on a year-over-year basis • For the full year, EPAM increases expected range for revenues to now be $4.68 ...