{"schema_version":"secwatch.filing_event.v1","accession":"0001352010-23-000038","form_type":"8-K","ticker":"EPAM","cik":"0001352010","company_name":"EPAM Systems, Inc.","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.682810+00:00","generated_at":"2026-06-12T07:32:40.131642+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"EPAM Q2 revenues down 2.1% to $1.17B; narrows FY revenue guidance to $4.65-4.70B","bullets":["GAAP diluted EPS $2.03 vs $0.32 YoY; Non-GAAP diluted EPS $2.64 vs $2.38, up 10.9%.","Revenue $1.170B, down 2.1% YoY; organic constant currency decline 1.7% excluding Russia exit.","Full year revenue guidance narrowed to $4.650-$4.700B (midpoint -3% YoY); GAAP EPS $7.00-$7.20; Non-GAAP EPS $9.90-$10.10.","Q3 revenue guidance $1.140-$1.150B (down ~7% YoY); GAAP EPS $1.62-$1.70; Non-GAAP EPS $2.52-$2.60.","Headcount ~55,600; delivery professionals down 3.4% sequentially, reflecting demand softness."],"urls":{"canonical":"https://secwatch.observer/filing/0001352010-23-000038","json":"https://secwatch.observer/filing/0001352010-23-000038.json","markdown":"https://secwatch.observer/filing/0001352010-23-000038.md","text":"https://secwatch.observer/filing/0001352010-23-000038.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1352010/000135201023000038/0001352010-23-000038-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1352010/000135201023000038/epam-20230803.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T07:32:40.131642+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"988597cac22192c76760767db910a70de00423f4","claim":"EPAM Systems, Inc. reported the second quarter ended June 30, 2023 results: revenue $1.170 billion, EPS $2.03. Guidance reaffirmed.","evidence_excerpt":"EPAM Reports Results for Second Quarter 2023 and Updates Full Year Outlook • Second quarter revenues of $1.170 billion, down 2.1% year-over-year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1352010/000135201023000038/0001352010-23-000038-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended June 30, 2023"},{"label":"Revenue","value":"$1.170 billion"},{"label":"EPS","value":"$2.03"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}