secwatch.observer — SEC 8-K summary
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Issuer:     GRID DYNAMICS HOLDINGS, INC. (GDYN)
CIK:        0001743725
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0001628280-22-021077
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Grid Dynamics Q2 revenue $77.3M record, up 62.2% YoY; GAAP net loss widens to $(13.2)M
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- Revenue of $77.3M, up 62.2% YoY and 8.3% sequentially; eighth consecutive record quarter.
- GAAP net loss $(13.2)M ($0.20 loss per share) vs $(1.5)M loss in Q2 2021.
- Non-GAAP net income $8.2M ($0.12 diluted EPS) vs $6.1M ($0.10) in prior year.
- GAAP gross margin 37.3% vs 41.5% YoY; non-GAAP gross margin 37.7% vs 41.8%.
- Non-GAAP EBITDA $13.3M vs $9.7M in Q2 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743725/000162828022021077/0001628280-22-021077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743725/000162828022021077/gdyn-20220804.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-021077

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer