earnings
confidence high
sentiment positive
materiality 0.85
EPAM Q2 revenue up 39.4% to $881M; raises FY outlook
EPAM Systems, Inc.
2021-Q2 EPS reported
$3.80
revenue$1,662,141,000
- Q2 revenue $881.4M, +39.4% YoY; GAAP EPS $1.94 (+70.2%), non-GAAP EPS $2.05 (+40.4%).
- Acquisitions contributed 3.1% to Q2 revenue growth; constant-currency revenue growth 35.9%.
- Raises FY2021 outlook: revenue growth at least 37%, GAAP EPS $7.70-$7.89, non-GAAP EPS $8.25-$8.44.
- Q3 revenue guidance $957-965M, ~47% YoY growth at midpoint; non-GAAP EPS $2.15-$2.22.
- Headcount ~47,850 as of June 30, up 32.6% delivery professionals from prior year.