EPAM Systems, Inc


SKU: EPAM Category:


EPAM Systems: Global Operations Refinement and Rebalancing Delivery Platform!


EPAM Systems, a leading global provider of digital platform engineering and software development services, reported their Q1 2024 earnings and these financial results marked a tough quarter as they experienced a year-on-year decrease of 3.8% on a reported basis or 4.3% in constant currency terms, which translated to a revenue of $1.165 billion. Their gross margin was also affected, decreasing to 28.4% as compared to 29.3% in Q1 of last year, mainly due to foreign exchange impacts due to the strengthening of currencies in specific delivery locations. This was further amplified by their inability to adjust prices following EPAM’s Q2 2023 promotion campaign.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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