EPAM Reports Results for Fourth Quarter and Full Year 2023

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, ...