EPAM Systems shares drop 3% despite exceeding earnings expectations

se.investing.com (Swedish)

EPAM Systems shares fell nearly 3% despite reporting first-quarter results that exceeded analyst expectations. The digital transformation company posted adjusted earnings per share of $2.86, surpassing the consensus estimate. Revenue also slightly exceeded projections, showing year-over-year growth. EPAM provided a full-year earnings outlook that exceeded analyst consensus, and also returned $324 million to shareholders through buybacks in the quarter.


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EPAM Systems shares drop 3% despite exceeding earnings expectations | News Minimalist