EPAM Systems, Inc. provides earnings guidance for second quarter 2022. For the period, the company expects Revenues will be at least $1.140 billion on a GAAP basis for the second quarter reflecting a year-over-year growth rate of at least 29% which includes an unfavorable foreign currency translation impact of approximately 5%. Revenue growth on a constant currency basis will be at least 34%.

Expects GAAP income from operations to be in the range of 3% to 5% of revenues. Diluted EPS will be at least $0.73 for the quarter.