Last $39.89 USD
Change Today +0.32 / 0.81%
Volume 260.9K
EPAM On Other Exchanges
Symbol
Exchange
Frankfurt
As of 4:15 PM 07/30/14 All times are local (Market data is delayed by at least 15 minutes).

epam systems inc (EPAM) Snapshot

Open
$39.95
Previous Close
$39.57
Day High
$40.13
Day Low
$39.54
52 Week High
02/18/14 - $46.70
52 Week Low
08/2/13 - $28.45
Market Cap
1.9B
Average Volume 10 Days
270.0K
EPS TTM
$1.36
Shares Outstanding
47.0M
EX-Date
--
P/E TM
29.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for EPAM SYSTEMS INC (EPAM)

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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, 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
Executive Vice President, Director and Presid...
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. Announces Board Changes

EPAM Systems, Inc. announced that Andrew J. Guff and Donald P. Spencer, each did not stand for re-election to the Board at the company’s 2014 annual meeting of stockholders held on June 13, 2014, at which time they each completed their term as a director of the company.

EPAM Systems, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014; Provides Earnings Guidance for the Second Quarter and Full Year of 2014

EPAM Systems, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. Revenues increased to $160.4 million, up 29.1% year-over-year from $124.2 million, and up 1.8% sequentially. GAAP income from operations was $21.9 million, an increase of 40.7% compared to $15.5 million in the first quarter of 2013. Non-GAAP income from operations was $26.3 million, an increase of $7.4 million, or 39.5%, from $18.8 million in the first quarter of 2013. Diluted earnings per share (EPS) on a GAAP basis was $0.35, up from $0.27 in the year-ago quarter. Non-GAAP quarterly diluted EPS was $0.47, up 34.3% from $0.35 in the year-ago quarter. EPAM generated cash from operations of $16.2 million in the first quarter of 2014, an increase of $27.9 million from $11.7 million used in operations in the first quarter of 2013. Income before provision for income taxes was $21.6 million against $15.7 million a year ago. Net income was $17.364 million against $12.680 million a year ago.                                   For the full year 2014, based on current conditions, and including the impact of the acquisitions of Netsoft and Jointech, EPAM expects year-over-year revenue growth to be 25% to 27%. Non-GAAP net income growth for 2014 is expected to be in the range of 23% to 25% year-over-year, with an effective tax rate of 20%. For the second quarter of 2014, EPAM expects revenues between $168 million and $170 million, representing a growth rate of 26% to 27% over second quarter 2013 revenues. Second quarter 2014 non-GAAP diluted EPS is expected to be in the range of $0.47 to $0.48 based on an estimated second quarter 2014 weighted average of 49.7 million diluted shares. GAAP diluted EPS is expected to be in a range of $0.30 to $0.32.

EPAM Systems, Inc., Annual General Meeting, Jun 13, 2014

EPAM Systems, Inc., Annual General Meeting, Jun 13, 2014., at 10:00 US Eastern Standard Time. Location: 41 University Drive. Agenda: To elect one Class II director to hold office for a three-year term or until his successor is elected and qualified; to ratify the appointment of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year ending December 31, 2014; and to transact such other business as may properly come before the 2014 Annual Meeting.

 

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EPAM

Industry Average

Valuation EPAM Industry Range
Price/Earnings 28.9x
Price/Sales 3.1x
Price/Book 4.7x
Price/Cash Flow 22.7x
TEV/Sales 2.8x
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