EPAM Reports Results for First Quarter 2024 and Updates Full Year Outlook

First quarter revenues of $1.165 billion, down 3.8% year-over-year GAAP income from operations was 9.5% of revenues and non-GAAP income from operations was 14.9% of revenues for the first quarter First quarter GAAP diluted EPS of$ 1.97, an increase of $0.24, and non-GAAP diluted EPS of$ 2.46, a decrease of $0.01 on a year-over-year basis For the full year, EPAM updates expected revenues to now be in the range of$ 4.575 billion to $4.675 billion, updates expected GAAP diluted EPS to now be in the range of ...