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 $0.39 on a year-over-year basis For the full year, EPAM increases expected range for revenues to now be$ 4.685 billion to $4.695 billion, increases expected GAAP diluted EPS to now be in the range of$ 7 ...