Aankondiging • May 09
EPAM Systems, Inc. Provides Earnings Guidance for Second Quarter and Full Year 2026 EPAM Systems, Inc. provided earnings guidance for second quarter and full year 2026. The Company expects revenues will be in the range of $1.400 billion to $1.415 billion for the second quarter, reflecting year-over-year growth of 4.0% at the midpoint of the range; GAAP income from operations to be in the range of 9% to 10% of revenues; and expects GAAP diluted EPS will be in the range of $1.79 to $1.87 for the quarter.
The Company now expects the year-over-year revenue growth rate to be in the range of 4.0% to 6.5% for 2026 and continues to GAAP income from operations to be in the range of 10% to 11% of revenues; the company now expects GAAP diluted EPS to be in the range of $8.29 to $8.59. Aankondiging • May 07
Epam Systems, Inc Showcases Production-Ready Ai-Powered Servicenow Development EPAM Systems, Inc. announced its production-ready AI capabilities for ServiceNow development at Knowledge 2026, taking place on May 5–7, 2026, in Las Vegas, NV. EPAM is already applying these capabilities in production to accelerate ServiceNow instance configuration, code management and feature delivery. EPAM has already applied these capabilities in its own production environment — accelerating instance configuration, resolving defects and delivering new features at speed. Built on Anthropic's Claude Code, EPAM's solution combines platform engineering expertise with practical AI application, positioning the company to help organizations reduce delivery friction, lower operating costs and bring new capabilities to market faster. EPAM will share demonstrations of AI-powered ServiceNow solutions, including: Implementation Analysis: Generating high-quality documentation for any existing feature, enabling teams to work effectively with client instances from day one and eliminating the need for lengthy knowledge transfers. Issue Remediation: Taking issues from bug report to live fix, reproducing issues in the Service Portal, identifying root causes in the codebase, and developing and deploying the fix. New Feature Development: Interpreting complex business requirements to build fully functional catalog items, including form design, validation rules and corresponding flows, all from a natural-language prompt. Event Management Implementation: Creating a complete Event Management implementation directly from a business requirements document and user stories. ServiceNow Upgrade Support: Accelerating upgrades by analyzing skipped records and surfacing downstream risks that humans might miss; all delivered in minutes with a comprehensive report covering deep-dive analysis details and clear recommendations. SDLC Tool Integration: Managing a complete SDLC cycle through a single prompt, from fetching Jira ticket details and understanding the issue to fixing it and closing the ticket with a detailed root cause and fix description. Media and conference attendees are invited to visit EPAM at ServiceNow Knowledge 2026, booth #5758, to see these AI-powered ServiceNow capabilities in action and learn how EPAM is helping organizations move from experimentation to production. Aankondiging • Apr 08
EPAM Systems, Inc. to Report Q1, 2026 Results on May 07, 2026 EPAM Systems, Inc. announced that they will report Q1, 2026 results Pre-Market on May 07, 2026 Aankondiging • Mar 30
EPAM Systems, Inc., Annual General Meeting, May 21, 2026 EPAM Systems, Inc., Annual General Meeting, May 21, 2026. Aankondiging • Feb 19
EPAM Systems, Inc. Provides Earnings Guidance for Fourth Quarter and Full Year 2026 EPAM Systems, Inc. provided earnings guidance for Fourth Quarter and Full Year 2026. For the quarter, The Company expects revenues will be in the range of $1.385 billion to $1.400 billion for the first quarter reflecting a year-over-year increase of 7.0% at the midpoint of the range. The Company expects year-over-year revenue growth on an organic constant currency basis to be approximately 2.9% at the midpoint of the range; For the first quarter, EPAM expects GAAP income from operations to be in the range of 7.0% to 8.0% of revenues
For the year, The Company expects the year-over-year revenue growth rate to be in the range of 4.5% to 7.5% for 2026. The Company expects the year-over-year revenue growth rate on an organic constant currency basis to be in the range of 3% to 6%; For the full year, EPAM expects GAAP income from operations to be in the range of 10% to 11% of revenues . Aankondiging • Feb 17
EPAM Systems, Inc. Appoints Ben Hall as Head of Empathy Lab for North America EPAM Systems, Inc. announced that to drive its North American expansion, EPAM has appointed Ben Hall as Head of Empathy Lab for North America, where he will lead growth across the U.S. and Canada. Hall brings more than 20 years of experience in leading enterprise growth at several global creative and technology organizations, including Tata Consulting Services and R/GA. Aankondiging • Jan 20
EPAM Systems, Inc. to Report Q4, 2025 Results on Feb 19, 2026 EPAM Systems, Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 19, 2026 Aankondiging • Oct 23
Epam Launches AI/Run™.Transform to Accelerate AI-Native Transformation for the Enterprise EPAM Systems, Inc. announced the launch of AI/Run™. Transform Playbook -- the next-generation of integrated consulting services built with AI to boost enterprise-wide AI-native transformation. The ROI-driven Playbook leverages EPAM's industry expertise and engineering excellence to help companies accelerate their journey toward becoming AI-native enterprises, positioning them to adapt and excel in ever-changing market dynamics. The comprehensive AI/Run. Transform Playbook defines EPAM's next-gen AI Services model -- a purpose-built strategy that brings together AI-native delivery, strategic consulting and advisory teams, established technical expertise, operational excellence and partner ecosystem technologies. Unlike traditional consulting or fragmented technology deployments, EPAM's AI/Run. Transform integrates . Blueprints, .Talent and . Tools into a single, proven and repeatable playbook that combines 1) AI Business Innovation transformation at scale, and 2) AI Engineering Transformation throughout the entire product development lifecycle. It is powered by proven proprietary AI enablement blueprints that orchestrate multidisciplinary AI-native talent, augmented with agentic capabilities, AI automation and new services and commercial offerings, to ensure adoption-at-scale and to maximize and hedge AI ROI. In practice, the AI/Run. transform Playbook leverages a set of methodologies, blueprints, tools and accelerators to guide and ensure that clients' AI adoption-at-scale is both meaningful and purposeful, generating AI-native revenue faster than traditional revenue streams. It includes: AI/Run. Blueprints that leverage modular "Meet You Where You Are" frameworks and methodologies, AI/Run. Talent bringing together critical thinking, industry expertise and agentic capabilities to shape AI-native delivery teams, and AI/Run. Tools, a collection of proprietary, agentic-powered platforms and leading technology partner ecosystems to accelerate delivery and provide bespoke solutions for clients. EPAM's approach to AI-native adoption is designed to address a critical industry need: aligning technical and business strategies to equip organizations to fully realize the transformation potential of AI. According to Forrester, a research and advisory firm, "Alignment between the technical and business aspects of AI is a pre requisite to an AI strategy to ensure business readiness to use, manage, and scale toward an AI-enabled organization," excerpt from Launch Your AI Strategy from Vision to Execution, published on April 9, 2025. This new, forward-thinking approach to AI-native enterprise adoption is pushing to evolve offerings within industry, reimagine engagement and commercial models with clients and sets the foundation for the talent needs that will be vital in the upcoming years. EPAM is committed to redefining how enterprises innovate, operate and outpace their competitors in the AI era. Aankondiging • Oct 21
EPAM Systems, Inc. (NYSE:EPAM) announces an Equity Buyback for $1,000 million worth of its shares. EPAM Systems, Inc. (NYSE:EPAM) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its common shares. The program will be valid for a period of 24 months. Aankondiging • Oct 07
EPAM Systems, Inc. to Report Q3, 2025 Results on Nov 06, 2025 EPAM Systems, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 06, 2025 Aankondiging • Oct 03
Epam Systems, Inc. and Boss Unveil A Revolutionary Immersive Spatial Experience, Powered by Apple Vision Pro, That Redefines Motorsport Fandom EPAM Systems, Inc. announced its strategic collaboration with BOSS on a revolutionary immersive spatial experience, powered by Apple Vision Pro, that redefines motorsport fandom. This innovation brings fans into the adrenaline-fueled immersion and the heart of the race action. With strategy, design and execution led by EPAM and its Empathy Lab brand teams working side by side, this experience was designed to bring fans closer to the action than ever before, feeling as thrilling and authentic as being a racing driver. From precision visual targeting exercises to 3D spatial puzzles inspired by strategic race decisions, every step demands sharp focus and split-second reflexes. The experience finishes in a spectacular test lap, where the noise of the Aston Martin AMR25 surrounds fans. Launching ahead of the Formula 1®? Singapore Airlines Singapore Grand Prix 2025, the in-store activation debuts October 2 in specially designed installations at select BOSS locations across seven cities: London, Paris, Dusseldorf, Barcelona, Las Vegas, Dubai and Singapore. Aankondiging • Sep 22
EPAM Systems, Inc.(NYSE:EPAM) dropped from FTSE All-World Index (USD) EPAM Systems, Inc.(NYSE:EPAM) dropped from FTSE All-World Index (USD) Aankondiging • Jul 17
EPAM Systems, Inc. Announces Availability of DIAL in the New AWS Marketplace AI Agents and Tools Category EPAM Systems, Inc. announced the availability of DIAL in the new AI Agents and Tools category of AWS Marketplace. Customers can now use AWS Marketplace to easily discover, buy and deploy AI agents solutions, including EPAM's DIAL open-source GenAI enterprise platform using their AWS accounts, accelerating agent and agentic workflow development. DIAL is an agentic AI orchestration platform that helps organizations seamlessly integrate and leverage powerful large language models from AWS Bedrock, such as Anthropic Claude, within their existing workflows. The Platform not only supports agentic workflows and data-native reasoning but also addresses key structural challenges of deploying AI-at-scale in production across business functions. It also introduces new approaches to working with structured and unstructured data using AI and fosters collaboration across entire enterprises. EPAM recently announced the DIAL 3.0 Platform which embodies EPAM's commitment and broader vision for enabling enterprise AI adoption through a modular, open-source approach - one that balances innovation velocity with long-term control, interoperability and responsible governance. EPAM DIAL delivers essential capabilities including, empowering business users with intuitive QuickApps to rapidly create AI-driven solutions without coding, while providing developers with powerful CodeApps for building and deploying customized enterprise applications. These capabilities enable organizations to seamlessly integrate AI into daily workflows, driving productivity and operational efficiency-at-scale. These features enable customers to build, manage, and scale their own secure and customized AI applications, providing greater flexibility and control over their AI solutions. With the availability of AI Agents and Tools in AWS Marketplace, customers can significantly accelerate their procurement process to drive AI innovation, reducing the time needed for vendor evaluations and complex negotiations. With centralized purchasing using AWS accounts, customers maintain visibility and control over licensing, payments, and access through AWS. Aankondiging • Jul 08
EPAM Systems, Inc. to Report Q2, 2025 Results on Aug 07, 2025 EPAM Systems, Inc. announced that they will report Q2, 2025 results on Aug 07, 2025 Aankondiging • Jun 24
Epam Systems, Inc. Announces the Release of Dial 3.0 EPAM Systems, Inc. announced the release of DIAL 3.0, the next iteration of its open-source GenAI platform. More than just a platform release, DIAL 3.0 embodies EPAM's broader vision for enabling enterprise AI adoption through a modular, open-source approach - one that balances innovation velocity with long-term control, interoperability and responsible governance. As enterprises navigate an increasingly complex AI ecosystem marked by rapid model evolution, vendor consolidation and heightened compliance expectations, EPAM continues to invest in open source platforms as a foundational enabler. DIAL 3.0 is the latest expression of this philosophy--a platform designed to help clients accelerate value delivery while avoiding vendor lock-in, bridging commercial models with open innovation. Since its initial launch in 2023, DIAL has matured from an internal enablement tool into a comprehensive framework used by global clients in financial services, healthcare, insurance, consumer packaged goods, retail and more to operationalize Generative AI. With version 3.0, EPAM introduces a platform that not only supports agentic workflows and data-native reasoning but also addresses key structural challenges of deploying AI at scale in production across business functions. It also introduces new approaches to working with structured and unstructured data using AI and fosters collaboration across entire enterprises. Aankondiging • Apr 08
EPAM Systems, Inc. to Report Q1, 2025 Results on May 08, 2025 EPAM Systems, Inc. announced that they will report Q1, 2025 results on May 08, 2025 Aankondiging • Apr 02
EPAM Systems, Inc., Annual General Meeting, May 22, 2025 EPAM Systems, Inc., Annual General Meeting, May 22, 2025. Aankondiging • Feb 20
EPAM Systems, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2025 EPAM Systems, Inc. provided earnings guidance for the first quarter and full year 2025. For the quarter, the company expects revenues will be in the range of $1.275 billion to $1.290 billion for the first quarter reflecting a year-over-year increase of 10.0% at the midpoint of the range. The Company expects year-over-year revenue growth on an organic constant currency basis to be approximately flat at the midpoint of the range. EPAM expects GAAP income from operations to be in the range of 6.5% to 7.5% of revenues. EPAM expects GAAP diluted EPS will be in the range of $1.27 to $1.37for the quarter.
For the year, the Company expects the year-over-year revenue growth rate to be in the range of 10.0% to 14.0% for 2025. The Company expects the year-over-year revenue growth rate on an organic constant currency basis to be in the range of 1.0% to 5.0%, EPAM expects GAAP income from operations to be in the range of 9.0% to 10.0% of revenues, EPAM expects GAAP diluted EPS will be in the range of $6.78 to $7.08 for the year. Aankondiging • Jan 22
EPAM Systems, Inc. to Report Q4, 2024 Results on Feb 20, 2025 EPAM Systems, Inc. announced that they will report Q4, 2024 results on Feb 20, 2025 Aankondiging • Dec 03
EPAM Systems, Inc. (NYSE:EPAM) completed the acquisition of First Derivatives (Ireland) Limited from FD Technologies plc (AIM:FDP). EPAM Systems, Inc. (NYSE:EPAM) has entered into an agreement to acquire First Derivatives (Ireland) Limited from FD Technologies plc (AIM:FDP) for £230 million on October 6, 2024. Pursuant to the terms of the Sale and Purchase Agreement, the Company has conditionally agreed to sell the entire issued share capital of the Target to the Purchaser for total consideration of £230 million on a cash-free, debt-free basis. The Group will complete the Group Reorganisation pursuant to which the First Derivative Business (including the Target Group Companies) will be transferred out of the Existing Group and into the Target, to the extent not already held by the Target. The consideration payable by the Purchaser to the Company at completion is expected to be approximately £225 million, following adjustment for debt and debt-like items and a customary working capital adjustment. As part of the Divestment, the Company and the Purchaser have entered into a Transitional Services Agreement. After customary closing adjustments, transaction and separation costs, net cash proceeds are expected to be approximately £205 million. The Purchaser may terminate the Sale and Purchase Agreement with immediate effect if a Material Breach occurs prior to the satisfaction of the Conditions and which either (a) cannot be remedied; or (b) if capable of remedy, is not remedied, in each case within 20 Business Days from the date on which the Company is made aware of such Material Breach. For the year ending February 29, 2024, First Derivative Business had a revenue of £169.7 million and adjusted EBITDA of £18 million.
Completion of the Sale and Purchase Agreement is conditional upon satisfaction or (where applicable) waiver of the following conditions, a) the passing of the Resolution at the General Meeting (the "Shareholder Approval Condition"); b) in relation to the Group Reorganisation: (i) the Target Group being an original party or becoming a party by way of assignment, transfer or novation to certain customer contracts that together accounted for at least 80% of the First Derivative Business's revenue for the financial year ended 29 February 2024 (and disregarding certain customer contracts as agreed in writing between the parties); (c) the Irish Competition and Consumer Protection Commission having determined (or being deemed to have determined) pursuant to Part 3 of the Irish Competition Act 2002 (as amended) that the Divestment may be put into effect (the "Competition Condition"). The acquisition is subject to customary closing conditions, including the receipt of necessary regulatory clearances, and is expected to close in the fourth quarter of 2024. Following completion of the Divestment the Group is expected to apply the net proceeds to: (i) repay the Group's net debt, which was approximately £20 million on 31 August 2024; (ii) to provide the financial resources to execute the KX business plan; and (iii) to return a portion of the proceeds which represents excess capital to shareholders. The Board reiterates its expectation that KX will generate positive cash flow for FY27. As on October 24, 2024, FD Technologies Shareholders at the General Meeting of the Company held earlier today approved the sale of the First Derivative Business to EPAM Systems.
Stone Key Partners LLC acted as financial advisor and Faegre Drinker Biddle & Reath LLP acted as legal advisor to EPAM Systems. Eimear Coady, Tim Harrop tax, Nigel Parker and Matt Hamilton-Foyn of Allen Overy Shearman Sterling LLP acted as legal advisor to FD Technologies. Anton Black, Warner Mandel and Mitul Manji of Rothschild & Co, James A. Kelly, Mose Adigun and Will Vanderspar of J.P. Morgan Cazenove, Carlton Nelson and Virginia Bull of Investec Bank plc acted as financial advisor to FD Technologies.
EPAM Systems, Inc. (NYSE:EPAM) completed the acquisition of First Derivatives (Ireland) Limited from FD Technologies plc (AIM:FDP) on December 3, 2024. The acquisition successfully closed after meeting all customary closing conditions, including the receipt of necessary regulatory clearances. Aankondiging • Nov 08
EPAM Systems, Inc., in Collaboration with IMF, Launch StatGPT 2.0, a GenAI Application for Global Economic Data, to SDMX Sponsor Organizations EPAM Systems, Inc. announced the release of the StatGPT 2.0 Platform, created in collaboration with the International Monetary Fund (IMF) for evaluating and testing by Statistical Data and Metadata eXchange (SDMX) sponsor organizations and selected national statistical organizations. The Platform will be shown at the 2024 IMF Statistical Forum: Measuring the Implications of AI on the Economy. EPAM's StatGPT 1.0, was initially presented in October 2023 at the World SDMX Congress in Bahrain and then shown at numerous events, including the UNECE meeting of the Conference of European Statisticians and the various SDMX forums. EPAM created StatGPT based on EPAM DIAL and EPAM QuantHub platforms as a cornerstone of its next-generation conversational data exploration and analytics solutions. SDMX is a set of technical standards designed to describe statistical data and metadata, normalize their exchange and improve their efficient sharing across statistical and similar organizations. It is published as ISO 17369. The SDMX initiative also receives support from the Bank for International Settlements (BIS), the European Central Bank (ECB), Eurostat (the statistical office of the European Union), the International Monetary Fund (IMF), the Organisation for Economic Co-operation and Development (OECD), the United Nations Statistics Division (UNSD), and the World Bank. The IMF is a multilateral organization that works to achieve sustainable growth and prosperity for all of its 191 member countries. It does so by supporting economic policies that promote financial stability and monetary cooperation, which are essential to increase productivity, job creation, and economic well-being. The new version, StatGPT 2.0, introduces a new approach to data accessibility and user interaction in statistical data management and exchange. It is based on the EPAM DIAL technology and was built over the last six months in close collaboration with IMF experts. The Platform allows users to access and engage with the world's economic and financial data using natural language. It is more efficient than current query tools and ensures users are directed to the right data and understand how to best use it. StatGPT 2.0's evaluation included eight publicly available datasets from international and national statistical agencies and was evaluated by more than 100 representatives from SDMX sponsoring institutions and national statistical organizations. Aankondiging • Nov 07
Epam Systems, Inc. Provides Earnings Guidance for the Fourth Quarter and for Full Year 2024 EPAM Systems, Inc. provided earnings guidance for the fourth quarter and for full year 2024. For the quarter, the company expects revenues will be in the range of $1.205 billion to $1.215 billion reflecting year-over-year growth of 4.6% at the midpoint of the range. Included in the outlook is an inorganic revenue contribution of 5.7% of which 4.7% comes from NEORIS which was acquired on November 1, 2024. The Company expects that revenues on an organic constant currency basis excluding the impact of the exit from Russia will decline 1.5% at the midpoint of the range; For the fourth quarter, EPAM expects GAAP income from operations to be in the range of 10.5% to 11.5% of revenues and EPAM expects GAAP diluted EPS will be in the range of $1.73to $1.81for the quarter.
For the year, the company expects revenues to be $4.685 billion to $4.695 billion for the full year reflecting flat year-over-year growth at the midpoint of the range. Included in the outlook is an inorganic revenue contribution of 2.4% of which 1.2% comes from NEORIS which was acquired on November 1, 2024. The Company now expects revenues on an organic constant currency basis excluding the impact of the exit from Russia will decline 2.3% at the midpoint of the range; For the full year, EPAM expects GAAP income from operations to now be in the range of 11.0% to 11.5% of revenues. EPAM expects GAAP diluted EPS to now be in the range of $7.78 to $7.86. Aankondiging • Oct 09
EPAM Systems, Inc. to Report Q3, 2024 Results on Nov 07, 2024 EPAM Systems, Inc. announced that they will report Q3, 2024 results on Nov 07, 2024 Aankondiging • Oct 08
EPAM Systems, Inc. (NYSE:EPAM) has entered into an agreement to acquire First Derivatives (Ireland) Limited from FD Technologies plc (AIM:FDP) for £230 million. EPAM Systems, Inc. (NYSE:EPAM) has entered into an agreement to acquire First Derivatives (Ireland) Limited from FD Technologies plc (AIM:FDP) for £230 million on October 6, 2024. Pursuant to the terms of the Sale and Purchase Agreement, the Company has conditionally agreed to sell the entire issued share capital of the Target to the Purchaser for total consideration of £230m on a cash-free, debt-free basis. The Group will complete the Group Reorganisation pursuant to which the First Derivative Business (including the Target Group Companies) will be transferred out of the Existing Group and into the Target, to the extent not already held by the Target. The consideration payable by the Purchaser to the Company at completion is expected to be approximately £225 million, following adjustment for debt and debt-like items and a customary working capital adjustment. As part of the Divestment, the Company and the Purchaser have entered into a Transitional Services Agreement. After customary closing adjustments, transaction and separation costs, net cash proceeds are expected to be approximately £205 million. The Purchaser may terminate the Sale and Purchase Agreement with immediate effect if a Material Breach occurs prior to the satisfaction of the Conditions and which either (a) cannot be remedied; or (b) if capable of remedy, is not remedied, in each case within 20 Business Days from the date on which the Company is made aware of such Material Breach. For the year ending February 29, 2024, First Derivative Business had a revenue of £169.7 million and adjusted EBITDA of £18 million.
Completion of the Sale and Purchase Agreement is conditional upon satisfaction or (where applicable) waiver of the following conditions, a) the passing of the Resolution at the General Meeting (the "Shareholder Approval Condition"); b) in relation to the Group Reorganisation: (i) the Target Group being an original party or becoming a party by way of assignment, transfer or novation to certain customer contracts that together accounted for at least 80% of the First Derivative Business's revenue for the financial year ended 29 February 2024 (and disregarding certain customer contracts as agreed in writing between the parties); (c) the Irish Competition and Consumer Protection Commission having determined (or being deemed to have determined) pursuant to Part 3 of the Irish Competition Act 2002 (as amended) that the Divestment may be put into effect (the "Competition Condition"). The acquisition is subject to customary closing conditions, including the receipt of necessary regulatory clearances, and is expected to close in the fourth quarter of 2024. Following completion of the Divestment the Group is expected to apply the net proceeds to: (i) repay the Group's net debt, which was approximately £20 million on 31 August 2024; (ii) to provide the financial resources to execute the KX business plan; and (iii) to return a portion of the proceeds which represents excess capital to shareholders. The Board reiterates its expectation that KX will generate positive cash flow for FY27.
Stone Key Partners LLC acted as financial advisor and Faegre Drinker Biddle & Reath LLP acted as legal advisor to EPAM Systems. Eimear Coady, Tim Harrop tax, Nigel Parker and Matt Hamilton-Foyn of Allen Overy Shearman Sterling LLP acted as legal advisor to FD Technologies. Anton Black, Warner Mandel and Mitul Manji of Rothschild & Co, James A. Kelly, Mose Adigun and Will Vanderspar of J.P. Morgan Cazenove, Carlton Nelson and Virginia Bull of Investec Bank plc acted as financial advisor to FD Technologies. Aankondiging • Sep 06
EPAM Systems, Inc. (NYSE:EPAM) agreed to acquire Neoris, Inc. from Advent International, L.P. and CEMEX, S.A.B. de C.V. (BMV:CEMEX CPO) on September 4, 2024. EPAM Systems, Inc. (NYSE:EPAM) entered into an agreement to acquire Neoris, Inc. from funds managed by Advent International, L.P. and CEMEX, S.A.B. de C.V. (BMV:CEMEX CPO) on September 4, 2024. The acquisition is subject to customary closing conditions, including the receipt of necessary regulatory clearances, and is expected to close in the fourth quarter of 2024. Orrick, Herrington & Sutcliffe LLP acted as legal advisor for EPAM Systems, Inc. Simpson Thacher & Bartlett LLP acted as legal advisor for Neoris, Inc. Creel García-Cuéllar Aiza y Enriquez acted as legal advisor for Neoris, Inc. DLA Piper acted as legal advisor for Neoris, Inc. Freshfields Bruckhaus Deringer US LLP acted as legal advisor for Neoris, Inc. Pérez-Llorca Abogados, S.L.P. y CÍA, S.Com.P. acted as legal advisor for Neoris, Inc. Canaccord Genuity LLC acted as financial advisor for Neoris, Inc. Aankondiging • Jul 10
EPAM Systems, Inc. to Report Q2, 2024 Results on Aug 08, 2024 EPAM Systems, Inc. announced that they will report Q2, 2024 results at 9:30 AM, US Eastern Standard Time on Aug 08, 2024 Aankondiging • Jun 06
EPAM Systems, Inc. Announces Committee Changes EPAM Systems, Inc. announced that Effective June 1, 2024, the Board effected several leadership and committee changes. Richard Michael Mayoras was appointed Lead Independent Director, replacing Ronald Vargo, who remains on the Board as an independent director. Mr. Vargo was appointed as the Chairman of the Nominating and Corporate Governance Committee of the Board (NGC Committee"), assuming the role from Robert E. Segert, who will continue to serve as an independent director and a member of the NGC Committee. Aankondiging • May 10
EPAM Systems, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2024 EPAM Systems, Inc. provided earnings guidance for the second quarter and full year of 2024. The Company expects revenues to now be in the range of $4.575 billion to $4.675 billion for the full year reflecting a year-over-year decline of 1.4% at the midpoint of the range. For the full year, EPAM expects GAAP income from operations to now be in the range of 10.0% to 10.5% of revenues. The company expects GAAP diluted EPS to now be in the range of $7.34 to $7.64.The Company expects revenues will be in the range of $1.135 billion to $1.145 billion for the second quarter reflecting a year-over-year decline of 2.6% at the midpoint of the range. For the second quarter, EPAM expects GAAP income from operations to be in the range of 9.0% to 10.0% of revenues. The company expects GAAP diluted EPS will be in the range of $1.52 to $1.60 for the quarter. Aankondiging • Apr 17
EPAM Systems, Inc., Annual General Meeting, May 31, 2024 EPAM Systems, Inc., Annual General Meeting, May 31, 2024, at 10:00 Eastern Daylight. Agenda: To elect four Class III directors to hold office for a three-year term or until their successors are elected and qualified; to approve, on an advisory and non-binding basis, the compensation for its named executive officers as disclosed in this Proxy Statement; to approve, on an advisory and non-binding basis, the compensation for its named executive officers as disclosed in this Proxy Statement; and to transact such other business matters. Aankondiging • Apr 11
EPAM Systems, Inc. to Report Q1, 2024 Results on May 09, 2024 EPAM Systems, Inc. announced that they will report Q1, 2024 results on May 09, 2024 Aankondiging • Mar 26
EPAM Systems, Inc. (NYSE:EPAM) acquired Vates S.A on March. EPAM Systems, Inc. (NYSE:EPAM) acquired Vates S.A on March 26, 2024.EPAM Systems, Inc. (NYSE:EPAM) completed the acquisition of Vates S.A on March 26, 2024. Aankondiging • Feb 22
EPAM Systems, Inc. Announces Launch of OSPulsetm, Enterprise-Level Analytics Dashboard EPAM Systems, Inc. announced the launch of OSPulsetm, an enterprise-level analytics dashboard for monitoring open source engagement within an organization. The dashboard offers an intuitive interface with seamless implementation and customizable reporting to easily track a company's open source contributions and impact. OSPulse provides valuable, easy-to-understand insights for a range of stakeholders, including senior executives, HR, engineers and project managers. The tool collects real-time data about contributors, contribution frequency, repositories, licenses, programming languages, retention and more. Through an enterprise-level overview of open source engagement, OSPulse can help organizations with the following: Identify trends and focus areas. Through an intuitive user experience, data can be filtered and sorted to reveal various activities, projects and skills; Create customizable reports. Exceptional data visualization makes it easy to understand an organization's evolving open source footprint and impact; Make informed decisions. OSPulse provides data-driven insights to evaluate strengths and weaknesses, identify repositories of interest, detect anomalies or shifts within a project and mitigate risks; Recognize, reward and support contributors. By quantifying and visualizing an employee's engagements, successes and interest areas, organizations can identify rising stars and areas for upskilling; Shortlist candidates and prepare for talent acquisition. OSPulse data can help pinpoint needed skills and narrow the search for candidates with relevant experience. The cloud-based dashboard can provide insights at any scale for organizations of all sizes from startups to global enterprises. Through EPAM's engineering expertise, it is possible to seamlessly integrate with HR and industry analytics platforms without the need for manual reporting. Aankondiging • Feb 15
EPAM Systems, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024 EPAM Systems, Inc. provided earnings guidance for the first quarter and full year of 2024. For the quarter, the company expects revenues will be in the range of $1.155 billion to $1.165 billion for the first quarter reflecting a year-over-year decline of 4% at the midpoint of the range. The company expects GAAP income from operations to be in the range of 9% to 10% of revenues. The company expects GAAP diluted EPS will be in the range of $1.79 to $1.87 for the quarter.For the quarter, the company expects the year-over-year growth rate for revenues to be in the range of 1% to 4% for 2024. The company expects GAAP income from operations to be in the range of 9.5% to 10.5% of revenues. The company expects GAAP diluted EPS will be in the range of $7.20 to $7.60 for the year. Aankondiging • Jan 12
EPAM Systems, Inc. to Report Q4, 2023 Results on Feb 15, 2024 EPAM Systems, Inc. announced that they will report Q4, 2023 results on Feb 15, 2024 Aankondiging • Nov 03
Epam Systems, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2023 EPAM Systems, Inc. provided earnings guidance for the fourth quarter and full year 2023. For the quarter, the company expects GAAP diluted EPS will be in the range of $1.67 to $1.75 for the quarter. GAAP income from operations to be in the range of 10% to 11% of revenues. Revenues will be in the range of $1.130 billion to $1.140 billion for the fourth quarter reflecting a year-over-year decline of 8% at the midpoint of the range.For the year, the company expects range for GAAP diluted EPS to $7.07to $7.15. For the full year, EPAM now expects GAAP income from operations to be in the range of 10% to 11% of revenues. Revenues to be $4.663 billion to $4.673 billion. Aankondiging • Oct 10
EPAM Systems, Inc. to Report Q3, 2023 Results on Nov 02, 2023 EPAM Systems, Inc. announced that they will report Q3, 2023 results on Nov 02, 2023 Aankondiging • Aug 05
Reksoft Co., Ltd. acquired RNT Group from EPAM Systems, Inc. (NYSE:EPAM). Reksoft Co., Ltd. acquired RNT Group from EPAM Systems, Inc. (NYSE:EPAM) on August 3, 2023. The main steps for the merger should take about a year, and the total staff will be more than 1.5 thousand. The transaction was approved by state regulators in Russia and the United States.
Reksoft Co., Ltd. completed the acquisition of RNT Group from EPAM Systems, Inc. (NYSE:EPAM) on August 3, 2023. Aankondiging • Aug 04
EPAM Systems, Inc. Provides Earnings Guidance for the Third Quarter and Full Year 2023 EPAM Systems, Inc. provided earnings guidance for the third quarter and full year 2023. For the quarter, the company expected revenues to be in the range of $1.140 billion to $1.150 billion, reflecting a year-over-year decline of 7% at the midpoint of the range. Revenue on an organic constant currency basis excluding the impact of the exit from Russia will decline approximately 9% at the midpoint of the range. The company expected GAAP income from operations to be in the range of 10% to 11% of revenues including an expected loss on the sale of its Russia operations of $18.4 million and non-GAAP income from operations to be in the range of 15.5% to 16.5% of revenues. The company expected GAAP diluted EPS to be in the range of $1.62 to $1.70 for the quarter.For the year, the company narrowed its expected range for revenues to be $4.650 billion to $4.700 billion reflecting a year-over-year decline of 3% at the midpoint of the range. Revenue growth on an organic constant currency basis excluding the impact of the exit from Russia will decline 3% at the midpoint of the range. The company expected GAAP income from operations to be in the range of 10.5% to 11.5% of revenues including an expected loss on the sale of its Russia operations of $18.4 million and continues to expect non-GAAP income from operations to be in the range of 15% to 16% of revenues. The Company expected GAAP diluted EPS to be in the range of $7.00 to $7.20. Aankondiging • Aug 02
Epam Launches DIAL, A Unified Generative AI Orchestration Platform EPAM Systems, Inc. announced the launch of its AI-powered DIAL Orchestration Platform (Deterministic Integrator of Applications and LLMs), which merges the power of Large Language Models (LLMs) with deterministic code --offering a secure, scalable and customizable AI workbench to streamline and enhance AI-driven business solutions. Produced by EPAM's Reliable AI Lab (RAIL), DIAL helps enterprises speed their experimentation and innovation efforts across an extensive range of LLMs, AI-native Applications and Custom Add-ons as well as provides a practical approach for engineering business solutions with reliable AI capabilities. The DIAL Platform offers a unified user interface, empowering businesses to leverage a spectrum of public and proprietary LLMs, Add-ons, APIs, Datastores and Business Applications. This integration promotes the development of novel enterprise assets that co-exist seamlessly with an organization's existing workflows. Moreover, Applications and Add-ons can be implemented through diverse approaches, encompassing LangChain, LLamaIndex, Semantic Kernel or custom code -- all within an integrated, secure and scalable framework. The DIAL Platform aggregates multi-cloud assets libraries including components, routing, rate-limiting software, monitoring tools, load-balancing solutions and deployment scripts. This extensive, curated toolkit supports a wide range of business use cases and integration scenarios and offers approaches to significantly optimize the consumption of external LLMs. Aankondiging • Jul 07
EPAM Systems, Inc. to Report Q2, 2023 Results on Aug 03, 2023 EPAM Systems, Inc. announced that they will report Q2, 2023 results on Aug 03, 2023 Aankondiging • Jul 06
EPAM Systems, Inc. Appoints Chandra McMahon to its Board of Directors EPAM Systems, Inc. announced the selection of Chandra McMahon to its Board of Directors. With more than 30 years of experience in senior leadership managing large and complex security programs, Ms. McMahon adds outstanding management experience and support to EPAM's diverse group of board members. Ms. McMahon is the Senior Vice President and Chief Information Security Officer at CVS Health, where she is responsible for the Company's Information Security program. She also serves as a member of the Aspen Institute Cyber Strategy Group. Previously, Ms. McMahon served as Senior Vice President and Chief Information Security Officer for Verizon, and before that, she held numerous leadership roles at Lockheed Martin, including serving as Vice President and Chief Information Security Officer; as the Vice President of Commercial Markets, a commercial cyber business; and as the President of Lockheed Martin Corporate Properties Inc. Ms. McMahon holds a B.S. in Industrial Engineering and Operations Research from Virginia Tech and an M.E. in Engineering Science from Penn State University. She has the following certifications: Certified Information Security Manager (CISM), Certified Secure Software Lifecycle Professional (CSSLP), and Certified Cloud Security Professional (CCSP). Aankondiging • Jun 06
EPAM Systems, Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2023 EPAM Systems, Inc. provided earnings guidance for the second quarter and full year of 2023. For the quarter, company expects Revenues to now be in the range of $1.160 billion to $1.170 billion and GAAP diluted earnings per share to now be in the range of $1.75 to $1.82.For the year, company expects revenues to be in the range of $4.650 billion to $4.800 billion and GAAP diluted EPS to now be in the range of $7.28 to $7.68. Aankondiging • May 06
Epam Systems, Inc. Provides Earnings Guidance for Second Quarter Ending June 30, 2023 and Full Year Ending December 31, 2023 EPAM Systems, Inc. provided earnings guidance for second quarter ending June 30, 2023 and full year ending December 31, 2023. For the quarter, the company expects revenues to be in the range of $1.195 billion to $1.205 billion, GAAP Diluted EPS to be in the range of $1.82to $1.90and Non-GAAP Diluted EPS to be in the range of $2.38 to $2.46.For the full year, the company now expects revenues to be in the range of $4.950 billion to $5.000 billion, GAAP Diluted EPS to be in the range of $8.11 to $8.31. Aankondiging • Jan 18
EPAM Systems, Inc. to Report Q4, 2022 Results on Feb 16, 2023 EPAM Systems, Inc. announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Feb 16, 2023 Aankondiging • Jan 06
EPAM Systems, Inc. Launches Vehicle-To-Cloud Platform "AosEdge" That Allows Seamless Delivery and Updates of Software for Connected Cars EPAM Systems, Inc. announced a new "AosEdge" vehicle-to-cloud (V2C) platform that represents the next phase in the evolution of connected cars. The AosEdge platform, created in collaboration with Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, provides a more efficient way to deliver in-vehicle software and simplifies how different software elements operate within the same environment, making it possible for original equipment manufacturers (OEMs) to develop true software defined vehicles. The platform combines EPAM's digital platform expertise with Renesas' embedded automotive software technology to provide a complete software infrastructure – from installation to operation – for vehicles connecting to the cloud. The development of the AosEdge platform stems from the growing need to create V2C platforms that are as reliable and seamless as today's smartphones. Due to complex vehicle connectivity requirements, most cars are unable to automatically receive software updates after they have come off the manufacturing line, making it difficult for these vehicles to take advantage of the latest safety features and services. With the new platform, these critical software updates will be delivered using a cloud-to-edge computing platform, similar to the way smartphones receive over-the-air (OTA) updates via the cloud. AosEdge Platform: AosEdge is a V2C platform that transforms the way OEMs and service providers install and manage services or applications in vehicles. AosEdge consists of "AosCloud" on the cloud side provided by EPAM and "AosCore" on the vehicle side implemented in Renesas' R-Car SoC. The new platform has been proven to work with EPAM's cloud environment and Renesas' R-Car SoC for automotive applications. Therefore, OEMs and service providers only need to develop the software they want to deliver and continue to offer unique services to users. AosEdge platform highlights include: Enables modern microservices software architecture for automotive core and value-added services, taking vehicles to the "edge computing" paradigm. Allows developers with little automotive knowledge to develop in-vehicle software, since it can be configured independently of the vehicle architecture. Offers customizable options since the system complies with many open standards, such as the Vehicle Information Service Specification (VISS) and the publicly available vehicle source code. Satisfies automotive domain requirements that cannot be addressed by existing IoT and cloud solutions. Provides 24/7 support for managing, operating and using features, such as emergency assistance through EPAM. Supports any cloud environments (OEM cloud or public cloud). Applicable to non-vehicle applications. Aankondiging • Nov 04
Epam Systems, Inc. Provides Earnings Guidance for the Fourth Quarter 2022 EPAM Systems, Inc. provided earnings guidance for the fourth quarter 2022. For the period, the company expects GAAP income from operations to be in the range of 12% to 13% of revenues. EPAM expects GAAP diluted EPS will be in the range of $2.02 to $2.10 for the quarter. Aankondiging • Oct 07
EPAM Systems, Inc. to Report Q3, 2022 Results on Nov 03, 2022 EPAM Systems, Inc. announced that they will report Q3, 2022 results on Nov 03, 2022 Aankondiging • Aug 05
EPAM Systems, Inc. Provides Earnings Guidance for the Third Quarter of 2022 EPAM Systems, Inc. provided earnings guidance for the third quarter of 2022. For the period, the company expects revenues will be at least $1.210 billion on a GAAP basis reflecting a year-over-year growth rate of at least 22% which includes an unfavorable foreign currency translation impact of approximately 4%. Revenue growth on a constant currency basis will be at least 26%. GAAP income from operations to be in the range of 9.5% to 10.5% of revenues. GAAP diluted EPS will be at least $1.65 for the quarter. Aankondiging • Jul 09
EPAM Systems, Inc. to Report Q2, 2022 Results on Aug 04, 2022 EPAM Systems, Inc. announced that they will report Q2, 2022 results on Aug 04, 2022 Aankondiging • May 08
Epam Systems, Inc. Provides Earnings Guidance for Second Quarter 2022 EPAM Systems, Inc. provides earnings guidance for second quarter 2022. For the period, the company expects Revenues will be at least $1.140 billion on a GAAP basis for the second quarter reflecting a year-over-year growth rate of at least 29% which includes an unfavorable foreign currency translation impact of approximately 5%. Revenue growth on a constant currency basis will be at least 34%. Expects GAAP income from operations to be in the range of 3% to 5% of revenues. Diluted EPS will be at least $0.73 for the quarter. Aankondiging • Apr 23
EPAM Systems, Inc., Annual General Meeting, Jun 02, 2022 EPAM Systems, Inc., Annual General Meeting, Jun 02, 2022, at 10:00 US Eastern Standard Time. Location: 41 University Drive Newtown Pennsylvania United States Agenda: To elect three Class I directors to hold office for a three-year term or until their successors are elected and qualified; to ratify the appointment of Deloitte & Touche LLP as company's independent registered public accounting firm for the year ending December 31, 2022; to approve, on an advisory and non-binding basis, the compensation for named executive officers as disclosed in this Proxy Statement; to approve the 2022 Amended and Restated EPAM Systems, Inc. Non-Employee Directors Compensation Plan; and to transact such other business as may property come before the Annual Meeting. Aankondiging • Apr 07
EPAM Systems, Inc. to Report Q1, 2022 Results on May 05, 2022 EPAM Systems, Inc. announced that they will report Q1, 2022 results on May 05, 2022 Aankondiging • Mar 01
Epam Systems, Inc. Withdrawing Its First Quarter and 2022 Financial Outlook Due to Heightened Uncertainties and Regional Impacts Resulting from Military Actions in Ukraine EPAM Systems, Inc. announced that it is withdrawing its first quarter and 2022 financial outlook due to heightened uncertainties and regional impacts resulting from military actions in Ukraine. Aankondiging • Feb 18
EPAM Systems, Inc. Provides Earnings Guidance for First Quarter and Full Year of 2022 EPAM Systems, Inc. provided earnings guidance for first quarter and full year of 2022. For the quarter, the company expected revenues will be in the range of $1.170 billion to $1.180 billion for the first quarter reflecting a year-over-year growth rate of approximately 50% at the mid-point of the range, GAAP income from operations to be in the range of 14.5% to 15.5% and GAAP diluted EPS will be in the range of $2.65 to $2.73 for the quarter.For the full year, the company expected revenues will be at least $5.150 billion for 2022 reflecting a year-over-year growth rate of at least 37%, which includes an unfavorable foreign currency translation impact of approximately 1%, GAAP income from operations to be in the range of 13.5% to 14.5% and GAAP diluted EPS to be in the range of $10.43 to $10.76. 
