EPAM - What's Going On With EPAM Systems Stock Friday? | Benzinga
EPAM Systems, Inc. (NYSE:EPAM) shares are trading higher in the premarket session on Friday after ending yesterday’s session with a whopping 27% slump.
Yesterday, while reporting the first-quarter FY24 results, the company’s sales declined 3.8% year over year to $1.165 billion, marginally beating the analyst consensus estimate of $1.161 billion.
In an exchange filing, the company said: “Our business and operating results were negatively impacted in the first three months of 2024 by uneven demand for our services as our clients took action to reduce their spending on information technology services.”
During ...