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EPAM Systems, Inc. (NYSE: EPAM) is a leading global provider of digital platform engineering and software development services. This page aggregates official press releases, financial announcements, and market-moving updates about EPAM’s strategic initiatives, technological innovations, and corporate developments.
Investors and industry professionals will find a curated collection of news spanning earnings reports, partnership announcements, acquisition updates, and insights into EPAM’s advancements in cloud computing, AI, and digital transformation solutions. The repository serves as a reliable resource for tracking the company’s performance in the competitive IT services sector.
Content includes updates on EPAM’s global delivery model expansion, client engagements across industries like finance and healthcare, and its role in shaping enterprise technology trends. Regular updates ensure stakeholders stay informed about operational milestones and market positioning.
Bookmark this page for direct access to primary-source information about EPAM’s business trajectory. Check back frequently to monitor how the company continues to drive innovation through engineering excellence and strategic growth initiatives.
EPAM Systems, Inc. (NYSE: EPAM) has scheduled a conference call for 8:00 a.m. ET on May 5, 2022, to discuss its first quarter 2022 financial results. A news release with these results will be issued prior to the call. Investors can access the conference call via the Investor Relations section of the company's website or by phone. A replay will be available afterwards until May 12, 2022. EPAM is recognized as a leader in digital transformation services, serving clients across more than 40 countries.
EPAM Systems, Inc. (NYSE: EPAM) expresses full support for Ukraine, condemning the ongoing attacks. The company is discontinuing services in Russia while aiding customers in the transition. A humanitarian commitment of $100 million is announced to support employees in Ukraine. EPAM is implementing business continuity plans and ramping up hiring in Central and Eastern Europe, Latin America, and India. Operating in over 40 countries, EPAM aims for consistent service delivery despite the challenges posed by the geopolitical situation.
EPAM Systems (NYSE: EPAM) announced the withdrawal of its Q1 and full-year 2022 financial outlook due to uncertainties arising from military actions in Ukraine. The company prioritizes employee safety, actively relocating personnel from Ukraine to safer locales. Despite these challenges, EPAM remains operational in over 40 countries, focusing on business continuity and accelerating hiring in Central and Eastern Europe, Latin America, and India. The firm emphasizes its commitment to delivering high-quality services globally and continues to evaluate long-term growth opportunities amid the ongoing crisis.
EPAM Systems, a leader in digital transformation, reported strong financial results for Q4 2021 and the full year, despite global challenges. Q4 revenue reached $1.107 billion, up 53.1% year-over-year, with GAAP EPS of $2.40, a 64.4% increase. For the full year, revenue rose to $3.758 billion, a 41.3% increase, with GAAP EPS of $8.15, a 45.5% rise. Looking ahead, EPAM projects 2022 revenue of at least $5.150 billion, representing a growth rate of 37%, including expected contributions from acquisitions.
EPAM Systems, Inc. (NYSE: EPAM) will host a conference call on February 17, 2022, at 8:00 a.m. ET, to discuss its fourth quarter 2021 financial results. A news release with these results will be provided prior to the call. Investors can access the call via the company's Investor Relations website or by dialing designated numbers with the conference ID: 9155729. A replay will be available after the call until February 24, 2022. EPAM has been recognized for its digital transformation services, ranking among the top IT service companies.
EPAM Systems (NYSE: EPAM) has been recognized in the 2022 Best Places to Work Awards by Built In for its commitment to entrepreneurial growth and employee well-being, receiving honors in New York City and San Francisco. This marks the second consecutive year EPAM has earned this accolade, reflecting its focus on competitive compensation, health benefits, and career advancement opportunities. Built In's awards assess a range of factors, including flexible work arrangements and diversity initiatives. EPAM, a leader in digital transformation, continues to innovate and support its global workforce.
EPAM Continuum, a division of EPAM Systems, has formed a strategic digital partnership with INEOS Automotive to launch the Grenadier, a new 4X4 vehicle. Under this collaboration, EPAM will manage the digital strategy and customer engagement for the vehicle's launch. This includes creating a comprehensive digital experience through a dedicated website and a vehicle configurator. The partnership aims to build excitement ahead of the Grenadier's launch in 2022, with a successful 'Reservation Day' event generating significant interest and exceeding target reservations.