Cowen Starts EPAM Systems (EPAM) at Outperform

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EPAM Reports Results for Fourth Quarter and Full Year 2015

February 17, 2016 6:03 PM UTC

Fourth Quarter revenue increased 28.7% year-over-year and 10.3% sequentially Annual revenues of $914.1 million, up 25.2% year-over-year Non-GAAP net income grew more than 31.3% for the fourth quarter year-over-year and 28.2% for the full year

NEWTOWN, Pa., Feb. 17, 2016 (GLOBE NEWSWIRE) -- EPAM Systems, Inc. (NYSE: EPAM), a  leading global provider of product development and software engineering solutions, today announced results for its fourth quarter and year ended December 31, 2015.

We are very pleased that, despite market uncertainties and FX challenges, our... More