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EPAM / EPAM stock tumbles to lead S&P 500 losers after withdrawing guidance following Russia's invasion of Ukraine

Shares of EPAM Systems Inc. EPAM, +0.04% tumbled 9.8% to pace all S&P 500 SPX, +2.24% components in premarket losses, after the provider of digital platform engineering services said it was withdrawing its financial guidance as a result of "military actions" in Ukraine. The company had said in its fourth-quarter earnings report out Feb. 17 that it expected first-quarter revenue of $1.17 billion to $1.18 billion and 2022 revenue of at least $5.15 billion, which compared with the FactSet consensus at the end of January for first-quarter revenue of $1.11 billion and 2022 revenue of $4.87 billion. Read More

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Posted: Feb 28 2022, 09:07

Author Name: Market Watch

EPAM News

By Seeking Alpha
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EPAM Systems, Inc. (EPAM) Q3 2023 Earnings Call Transcript

EPAM Systems, Inc. (NYSE:EPAM ) Q3 2023 Earnings Conference Call November 2, 2023 8:00 AM ET Company Participants David Straube - Head, Investor Relat

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Will Epam (EPAM) Beat Estimates Again in Its Next Earnings Report?

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Is EPAM Systems (EPAM) Significantly Undervalued? A Comprehensive Analysis

EPAM Systems Inc ( EPAM , Financial) displayed a notable gain of 7.36% recently, with an Earnings Per Share (EPS) (EPS) of 7.29. This article aims to

By The Motley Fool
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Why EPAM Stock Crashed in June

EPAM's stock price took a hit in June 2023 after management lowered its full-year and near-term guidance targets. The guidance revisions were the resu

By Zacks Investment Research
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EPAM Systems (EPAM) & Google Cloud Team Up on Enterprise AI

EPAM Systems (EPAM) enters into a global strategic alliance with Google Cloud for the development of artificial intelligence/ machine learning and dat

By Zacks Investment Research
June 15, 2023

New Strong Sell Stocks for June 15th

EPAM, KUBTY and QFIN have been added to the Zacks Rank #5 (Strong Sell) List on June 15, 2023.

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