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EPAM Systems soars after lifting FY revenue, profit forecasts

ReutersMay 8, 2025 3:54 PM

Shares of software firm EPAM Systems EPAM.N rise 15.5% to $183.96

Co expects 2025 revenue growth in the range of 11.5% to 14.5%, up from the previous range of 10% to 14%

EPAM expects full-year adjusted earnings per share in the range of $10.70 to $10.95, compared with its prior forecast of $10.45 to $10.75

Analysts' on average expect annual profit of 10.5 per share, according to data compiled by LSEG

Co also beat Wall Street estimates for first quarter profit and revenue

Including session's moves, EPAM stock down 21.3% YTD

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