Grid Dynamics (GDYN) Q1 Earnings and Revenues Beat Estimates

Group 1: Earnings Performance - Grid Dynamics reported quarterly earnings of $0.11 per share, exceeding the Zacks Consensus Estimate of $0.09 per share, and up from $0.07 per share a year ago, representing an earnings surprise of 22.22% [1] - The company posted revenues of $100.42 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.29%, compared to year-ago revenues of $79.82 million [2] - Over the last four quarters, Grid Dynamics has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Group 2: Stock Performance and Outlook - Grid Dynamics shares have declined approximately 36.3% since the beginning of the year, while the S&P 500 has decreased by 5.3% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the upcoming quarter is $0.11 on revenues of $100.7 million, and for the current fiscal year, it is $0.44 on revenues of $415.82 million [7] Group 3: Industry Context - The Computers - IT Services industry, to which Grid Dynamics belongs, is currently ranked in the bottom 34% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Amdocs, another company in the same industry, is expected to report quarterly earnings of $1.71 per share, reflecting a year-over-year change of +9.6%, with revenues projected at $1.12 billion, down 9.8% from the previous year [9]