secwatch.observer — SEC 8-K summary
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Issuer:     EPAM Systems, Inc. (EPAM)
CIK:        0001352010
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001352010-21-000042
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EPAM Q3 revenue $988.5M (+51.6% YoY); raises FY21 EPS outlook
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1352010/000135201021000042/0001352010-21-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1352010/000135201021000042/epam-20211104.htm
  HTML page:      https://secwatch.observer/filing/0001352010-21-000042

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