The IT services firm reported quarterly non-GAAP earnings per share of $2.86, exceeding expectations by $0.11.
EPAM Systems posted non-GAAP earnings per share of $2.86 for the quarter, surpassing estimates by $0.11. Revenue reached $1.4 billion, beating forecasts by $10 million.
Analysts had anticipated earnings of $2.75 per share on revenue of $1.39 billion. The results reflect stronger-than-expected demand for digital transformation and IT consulting services.
Shares showed limited movement in after-hours trading as investors digested the earnings beat.