secwatch.observer — SEC 8-K summary
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Issuer:     GRID DYNAMICS HOLDINGS, INC. (GDYN)
CIK:        0001743725
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001628280-22-028178
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Grid Dynamics Q3 revenue $81.2M (+40% YoY); Non-GAAP EPS $0.15, EBITDA $17.1M
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- Revenue $81.2M, record 9th consecutive quarter; up 4.9% seq and 40.1% YoY.
- GAAP net loss $(6.7)M ($(0.10)/share); Non-GAAP net income $11.0M ($0.15/diluted share).
- Non-GAAP EBITDA $17.1M vs $12.5M in Q3 2021; gross margin 40.3% GAAP, 40.7% non-GAAP.
- TMT vertical grew 49.7% YoY to 32.4% of revenue; Retail up 38.3% YoY; Finance +16.3%.
- CEO cites new Fortune 30 clients, strengthened cloud partnerships, robust 2023 pipeline.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743725/000162828022028178/0001628280-22-028178-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743725/000162828022028178/gdyn-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-028178

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