EPAM Systems, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2024
The Company expects revenues will be in the range of $1.135 billion to $1.145 billion for the second quarter reflecting a year-over-year decline of 2.6% at the midpoint of the range. For the second quarter, EPAM expects GAAP income from operations to be in the range of 9.0% to 10.0% of revenues. The company expects GAAP diluted EPS will be in the range of $1.52 to $1.60 for the quarter.