earnings
confidence high
sentiment positive
materiality 0.80
Grid Dynamics Q4 revenue $100.3M beats guidance; full year revenue up 12% YoY
GRID DYNAMICS HOLDINGS, INC.
2024-FY EPS reported
$0.05
revenue$350,571,000
- Q4 revenue $100.3M, above guidance of $95-97M; YoY growth 28.5%. FY2024 revenue $350.6M, +12% from $312.9M.
- GAAP net income Q4 $4.5M ($0.05 diluted EPS); Non-GAAP net income Q4 $10.3M ($0.12 diluted EPS).
- Finance vertical revenue grew 63.8% sequential and 180.1% YoY; Retail 32.6% of Q4 revenue.
- AI opportunity pipeline exceeded 130, up 30% from prior quarter.
- FY2025 revenue guidance: ~20% growth over 2024. Record billable engineering headcount.