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Last $69.48 USD
Change Today +0.04 / 0.06%
Volume 144.2K
EPAM On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 3:31 PM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

epam systems inc (EPAM) Snapshot

Open
$69.35
Previous Close
$69.44
Day High
$70.34
Day Low
$69.35
52 Week High
08/3/15 - $76.69
52 Week Low
09/11/14 - $36.81
Market Cap
3.5B
Average Volume 10 Days
473.0K
EPS TTM
$1.44
Shares Outstanding
49.8M
EX-Date
--
P/E TM
48.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for EPAM SYSTEMS INC (EPAM)

epam systems inc (EPAM) Related Businessweek News

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epam systems inc (EPAM) Details

EPAM Systems, Inc. provides software engineering solutions and technology services worldwide. The company offers software product development services, including product research, customer experience design and prototyping, program management, component design and integration, full lifecycle software testing, product deployment and end-user customization, performance tuning, product support and maintenance, and managed services, as well as porting and cross-platform migration. It also provides custom application development services, such as business and technical requirements analysis, user experience design, solution architecture creation and validation, development, quality assurance and testing, legacy applications re-engineering/refactoring, porting, and cross-platform migration and documentation. In addition, the company offers application testing services; testing for enterprise IT, such as test management, automation, functional and non-functional testing, and defect management; and consulting services. Further, it provides enterprise application platform services comprising requirements analysis and platform selection, customization, cross-platform migration, implementation, integration, and support and maintenance. Additionally, the company offers application maintenance and support services, such as incident management, fault investigation diagnosis, work-around provision, bug fixes, release management, enhancements, and third-party maintenance; and infrastructure management services, including application, database, network, server, storage, and systems operations management, as well as incident notification and resolution. It serves independent software vendors and technology companies in banking and financial services, business information and media, and travel and hospitality industries. EPAM Systems, Inc. was founded in 1993 and is headquartered in Newtown, Pennsylvania.

14,109 Employees
Last Reported Date: 03/2/15
Founded in 1993

epam systems inc (EPAM) Top Compensated Officers

Co-Founder, Chairman, Chief Executive Officer...
Total Annual Compensation: $600.0K
Chief Financial Officer, Vice President and T...
Total Annual Compensation: $370.0K
Vice President, General Counsel and Corporate...
Total Annual Compensation: $305.0K
Co-Head Global Business
Total Annual Compensation: $193.3K
Compensation as of Fiscal Year 2014.

epam systems inc (EPAM) Key Developments

EPAM Systems, Inc. Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended June 30, 2015; Revised Financial Guidance for the Year 2015; Provides Financial Guidance the Third Quarter of 2015

EPAM Systems, Inc. announced unaudited consolidated financial results for the second quarter and six months ended June 30, 2015. Revenues increased to $217.8 million, up 24.7% over $174.7 million for the same period last year and up 8.9% over the previous quarter. In constant currency, revenue grew 32.5% year over year and 6.7% from the first quarter of 2015. GAAP income from operations was $23.6 million, an increase of 27.8% compared to $18.5 million in the second quarter of 2014. Non-GAAP income from operations was $36.9 million, an increase of $8.0 million, or 27.7%, from $28.9 million in the second quarter of 2014. Non-GAAP quarterly diluted earnings per share (EPS) was $0.64, up 20.8% from $0.53 in the second quarter of 2014. Quarterly diluted EPS on a GAAP basis was $0.37, up from $0.30 in the year-ago quarter. EPAM reported cash from operations of $2.2 million in the second quarter of 2015 and $9.0 million on a year to date basis. Income before provision for income taxes was $24,440,000 against $18,401,000 for the same period of last year. Net income was $19,231,000 against $14,814,000 for the same period of last year. For the six months, revenues were $417,826,000 against $335,079,000 for the same period of last year. Income from operations was $46,426,000 against $40,333,000 for the same period of last year. Income before provision for income taxes was $42,664,000 against $39,993,000 for the same period of last year. Net income was $33,945,000 against $32,178,000 for the same period of last year. Net income per diluted share was $0.66 against $0.65,000 for the same period of last year. Factoring in the over-performance the company had experienced in the first half of the year, combined with expectations from the recent acquisition of NavigationArts, Inc., EPAM is increasing guidance and now expects full-year revenue growth to be between 23% and 25%. Non-GAAP net income growth for 2015 is expected to be in the range of 22% to 24% year-over-year, with an effective tax rate of approximately 21%. The full year weighted average share count is expected to be approximately 52 million diluted shares outstanding. For the third quarter of 2015, EPAM expects revenues between $238 million and $240 million, representing a growth rate of 23% to 25% over third quarter 2014 revenues. Third quarter 2015 non-GAAP diluted EPS is expected to be in the range of $0.66 to $0.68 based on an estimated third quarter 2015 weighted average of 52 million diluted shares. GAAP diluted EPS is expected to be in the range of $0.43 to $0.45.

EPAM Systems, Inc. to Report Q2, 2015 Results on Aug 04, 2015

EPAM Systems, Inc. announced that they will report Q2, 2015 results After-Market on Aug 04, 2015

EPAM Systems, Inc., Q2 2015 Earnings Call, Aug 05, 2015

EPAM Systems, Inc., Q2 2015 Earnings Call, Aug 05, 2015

 

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Industry Analysis

EPAM

Industry Average

Valuation EPAM Industry Range
Price/Earnings 49.1x
Price/Sales 4.1x
Price/Book 6.3x
Price/Cash Flow 39.1x
TEV/Sales 4.0x
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