Last $40.61 USD
Change Today -0.24 / -0.59%
Volume 351.7K
EPAM On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

epam systems inc (EPAM) Snapshot

Open
$41.03
Previous Close
$40.85
Day High
$41.45
Day Low
$39.76
52 Week High
02/18/14 - $46.70
52 Week Low
04/8/14 - $29.44
Market Cap
1.9B
Average Volume 10 Days
378.9K
EPS TTM
$1.42
Shares Outstanding
47.5M
EX-Date
--
P/E TM
28.6x
Dividend
--
Dividend Yield
--
Current Stock Chart for EPAM SYSTEMS INC (EPAM)

epam systems inc (EPAM) Related Businessweek News

No Related Businessweek News Found

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, deployment and end-user customization, performance tuning, 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, quality assurance and testing, legacy applications re-engineering/refactoring, and documentation. In addition, the company offers software application testing comprising test automation tools and frameworks; testing for enterprise IT, such as test management, automation, functional and non-functional testing, and defect management; and consulting services focused on helping clients to enhance their existing software testing and quality assurance practices. 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 consumer industries. EPAM Systems, Inc. was founded in 1993 and is headquartered in Newtown, Pennsylvania.

11,056 Employees
Last Reported Date: 03/11/14
Founded in 1993

epam systems inc (EPAM) Top Compensated Officers

Co-Founder, Chairman, Chief Executive Officer...
Total Annual Compensation: $450.0K
President of EPAM Systems Europe, Executive V...
Total Annual Compensation: $3.6K
Global Head of Banking & Financial Services B...
Total Annual Compensation: $191.0K
Compensation as of Fiscal Year 2013.

epam systems inc (EPAM) Key Developments

EPAM Systems, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter and Full Year of 2014

EPAM Systems, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenues of $174,695,000 compared to $133,184,000 for the same period of last year. Income from operations was $18,476,000 compared to $17,535,000 for the same period of last year. Income before provision for income taxes was $18,401,000 compared to $17,435,000 for the same period of last year. Net income was $14,814,000 or $0.30 per diluted share compared to $14,118,000 or $0.29 per diluted share for the same period of last year. On non GAAP basis, the company reported income from operations of $28,888,000 and net income of $26,465,000 or $0.53 per diluted share compared to income from operations of $21,768,000 and net income of $19,220,000 or $0.40 per diluted share reported a year ago. The company generated cash from operations of $15.4 million. For the six months, the company reported revenues of $335,079,000 compared to $ 257,382,000 for the same period of last year. Income from operations was $40,333,000 compared to $33,071,000 for the same period of last year. Income before provision for income taxes was $39,993,000 compared to $33,102,000 for the same period of last year. Net income was $ 32,178,000 or $0.65 per diluted share compared to $26,798,000 or $0.56 per diluted share for the same period of last year. On non GAAP basis, the company reported income from operations of $55,184,000 and net income of $49,509,000 or $1.00 per diluted share compared to income from operations of $40,617,000 and net income of $35,712,000 or $0.75 per diluted share reported a year ago. The company generated cash from operations of $31.6 million. For the full year 2014, based on current conditions and including the impact of all acquisitions, the company expects year-over-year revenue growth to be 28% to 30%. Non-GAAP net income growth for 2014 is expected to be in the range of 26% to 28% year-over-year, with an effective tax rate of 20%. For the third quarter of 2014, the company expects revenues between $188 million and $190 million, representing a growth rate of 34% to 36% over third quarter 2013 revenues. Third quarter of 2014 non-GAAP diluted EPS is expected to be in the range of $0.53 to $0.55. GAAP diluted EPS is expected to be the in the range of $0.25 to $0.27.

EPAM Systems, Inc. Presents at Citi 2014 Global Technology Conference, Sep-02-2014 02:00 PM

EPAM Systems, Inc. Presents at Citi 2014 Global Technology Conference, Sep-02-2014 02:00 PM. Venue: Hilton New York, 1335 Avenue of the Americas, New York, NY 10019, United States.

EPAM Systems, Inc. to Report Q2, 2014 Results on Aug 04, 2014

EPAM Systems, Inc. announced that they will report Q2, 2014 results After-Market on Aug 04, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
EPAM:US $40.61 USD -0.24

EPAM Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Luxoft Holding Inc $36.07 USD +0.75
Mindtree Ltd 1,218 INR +36.25
Persistent Systems Ltd 1,424 INR +15.20
Sapient Corp $14.33 USD -0.17
Virtusa Corp $35.86 USD +0.14
View Industry Companies
 

Industry Analysis

EPAM

Industry Average

Valuation EPAM Industry Range
Price/Earnings 29.6x
Price/Sales 3.0x
Price/Book 4.5x
Price/Cash Flow 22.9x
TEV/Sales 2.8x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact EPAM SYSTEMS INC, please visit www.epam.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.