earnings
confidence high
sentiment positive
materiality 0.85
EPAM Q3 revenue $988.5M (+51.6% YoY); raises FY21 EPS outlook
EPAM Systems, Inc.
2021-Q3 EPS reported
$5.75
revenue$2,650,680,000
- GAAP diluted EPS $1.95 (+27.5% YoY); Non-GAAP diluted EPS $2.42 (+46.7% YoY).
- Q3 revenue $988.5M, up 51.6% reported (50.7% constant currency); acquisitions contributed 5.0%.
- Raises FY21 outlook: revenue growth at least 40%, GAAP EPS $7.86-$7.93, Non-GAAP EPS $8.72-$8.79.
- Q4 revenue guidance $1.075B-$1.085B (mid-point +49% YoY); Non-GAAP EPS $2.44-$2.51.
- Cash from operations $287.7M YTD; headcount ~52,650 with 39.4% delivery team growth.