secwatch.observer — SEC 8-K summary
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Issuer:     EPAM Systems, Inc. (EPAM)
CIK:        0001352010
Form:       8-K
Filed at:   2021-08-05T23:59:59+00:00
Accession:  0001352010-21-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EPAM Q2 revenue up 39.4% to $881M; raises FY outlook
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1352010/000135201021000032/0001352010-21-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1352010/000135201021000032/epam-20210805.htm
  HTML page:      https://secwatch.observer/filing/0001352010-21-000032

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