EPAM Reports Results for First Quarter 2019
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EPAM Systems (EPAM) Tops Q1 EPS by 8c, Revenues Beat; Affirms 2Q EPS/Revenue Guidance Above Consensus, Offers FY19 EPS Views Above Consensus
May 9, 2019 6:16 AM UTCEPAM Systems (NYSE: EPAM) reported Q1 EPS of $1.25, $0.08 better than the analyst estimate of $1.17. Revenue for the quarter came in at $521.3 million versus the consensus estimate of $518.76 million.
Revenues increased to $521.3 million, a year-over-year increase of $97.2 million, or 22.9%, and on a constant currency basis, revenues were up 26.3% over the corresponding period last year;GAAP income from... More