BUZZ-EPAM slides on downbeat profit forecast for Q1, FY 2025

Shares of software firm EPAM Systems EPAM.N fall 13.3% to $223.90 in early morning trading

EPAM expects adjusted earnings for Q1 to be between $2.22 and $2.32 per share, compared with analysts' estimate of $2.59- LSEG

Co expects adjusted EPS for FY 2025 to be between $10.45 and $10.75, vs estimates of $11.32

EPAM reports revenue of $1.25 bln in Q4, higher than expectations for $1.21 bln

Co forecast revenue for Q1 to be between $1.28 bln and $1.29 bln, vs estimates of $1.27 bln

Stock had fallen 21.4% in 2024