EPAM Systems, Inc. (EPAM) Q2 2016 Earnings Results

EPAM Systems Beats on EPS, Stock Down 5.1%

EPAM Systems reported a strong earnings per share, exceeding expectations significantly. However, the stock fell by 5.1% in reaction, likely due to the lack of revenue information and forward guidance. Investors may be cautious as the company did not provide insights into future performance.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.71	N/A	+52.03%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Management highlighted the strong EPS results as a positive sign. However, they did not provide specific guidance for future quarters.

Management expressed satisfaction with the EPS performance despite not providing revenue details.

They emphasized their focus on long-term growth strategies.

EPAM Systems Beats on EPS, Stock Down 5.1%

Key numbers

Management commentary

EPAM Systems, Inc.

More earnings this week

EPAM Systems Beats on EPS, Stock Down 5.1%

Key numbers

Management commentary