EPAM Reports Results for Second Quarter 2019
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EPAM Systems (EPAM) Tops Q2 EPS by 5c, Offers Q3 and FY Guidance
August 8, 2019 6:23 AM EDTEPAM Systems (NYSE: EPAM) reported Q2 EPS of $1.28, $0.05 better than the analyst estimate of $1.23. Revenue for the quarter came in at $551.6 million versus the consensus estimate of $549.84 million.
GUIDANCE:
EPAM Systems sees Q3 2019 EPS of at least $1.32, versus the consensus of $1.31.
Revenues will be at least $579 million for the third quarter reflecting a year-over-year growth rate of at least 23%. The Company expects foreign currency translation to have a 1% unfavorable impact on year-over-year revenue growth during the... More