EPAM: Third Quarter Earnings Overview – EPAM Sys (NYSE: EPAM)

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EPAM system EPAM announced its third quarter results on Thursday, November 3, 2022 at 06:00.

Here’s what investors need to know about the announcement.

Earnings

EPAM Sys beat estimated earnings by 22.53%, recording EPS of $3.1 versus an estimate of $2.53.

Revenue increased by $238.46 million compared to the same period last year.

Past Earnings Performance

Last quarter, the company beat EPS by $0.66, followed by a 2.89% share price increase the next day.

Here is an overview of past performance of EPAM Sys:








Trimester Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS estimate 1.72 1.74 2.51 2.22
Actual EPS 2.38 2.49 2.76 2.42
Revenue estimate 1.12B 1.06B 1.08B 964.12M
Actual turnover 1.20B 1.17B 1.11B 988.54M

To follow all earnings releases for EPAM Sys, visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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