EPAM Systems - Digital Transformation Drives Momentum!
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Business Drivers: EPAM Systems (EPAM) is a globally operating software engineering and IT consulting company that assists businesses with digital transformation, holding a strong market position in software development and IT outsourcing. On November 6th, EPAM Systems surprised with a strong Q3 result. Earnings per share were $3.08, exceeding consensus expectations of $3.03. Revenue also topped consensus expectations with a 19.4% increase to $1.39 billion. The outlook for the current fiscal year was also convincing. The forecast for...
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