EPAM Systems (EPAM) Reports In-Line Q1 EPS

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EPAM Reports Results for First Quarter 2016

May 5, 2016 6:00 AM UTC

First quarter revenues of $264.5 million, up 32% year-over-year

GAAP Diluted EPS of $0.45, up 55% year-over-year

Non-GAAP Diluted EPS of $0.72, up 18% year-over-year

NEWTOWN, Pa., May 05, 2016 (GLOBE NEWSWIRE) -- EPAM Systems, Inc. (NYSE: EPAM), a leading global provider of product development and software engineering solutions, today announced results for its first quarter ended March 31, 2016.

We are pleased with our strong Q1 results, which put us on the right path to deliver our 2016 financial performance goals, said... More