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Grid Dynamics Holdings Inc - GDYN STOCK NEWS

Welcome to our dedicated news page for Grid Dynamics Holdings (Ticker: GDYN), a resource for investors and traders seeking the latest updates and insights on Grid Dynamics Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Grid Dynamics Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Grid Dynamics Holdings's position in the market.

Rhea-AI Summary
Grid Dynamics Holdings, Inc. (GDYN) will announce its first quarter 2024 financial results on May 2nd, with a video conference call scheduled to discuss the results. The webcast will be available on the company's Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.03%
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Rhea-AI Summary
Grid Dynamics Holdings, Inc. (GDYN) appoints Rahul Shah as Regional Head, India, to drive revenue growth, customer relationships, and talent development. With over 30 years of industry experience, Rahul aims to accelerate top-line revenue growth and strengthen Grid Dynamics' presence in India.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.45%
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management
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Rhea-AI Summary
Grid Dynamics has been recognized as a Leader in Everest Group's Google Cloud Services Specialists PEAK Matrix® Assessment 2024, highlighting its expertise in Google Cloud services, AI, and GenAI. The company's strong growth vector in hyperscaler services for enterprise clients undergoing business transformation is emphasized. Grid Dynamics has solidified its position as a top-tier technology services provider and Google Cloud Premier Partner, delivering enterprise scale transformations and leveraging Google's GenAI capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.6%
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none
Rhea-AI Summary
Grid Dynamics introduces a GenAI-powered Data Migration Starter Kit to expedite data modernization projects, offering cost and time savings. The kit supports migration from legacy platforms to cloud solutions like AWS, Google Cloud, and Azure, enhancing the company's solutions portfolio for enterprise clients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.41%
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none
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Rhea-AI Summary
Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) achieves AWS Well-Architected Partner Status, enhancing its ability to build secure, high-performing infrastructure for AWS applications. Clients can expect cost savings, faster time to market, improved performance, and reduced security risks.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.91%
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none
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Rhea-AI Summary
Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) reported fourth quarter revenue of $78.1 million and full-year revenue of $312.9 million for 2023. The company exceeded its revenue outlook range and achieved growth in various verticals. Despite flat sequential revenue, there was a 0.8% year-over-year increase in total revenue for the full year. Non-GAAP net income was $5.7 million for the fourth quarter, with a total cash flow of $41.1 million for the year. The company expects revenue in the first quarter of 2024 to be between $77 million to $79 million, with a focus on digital transformation and industry diversification.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.2%
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Rhea-AI Summary
Grid Dynamics and Yieldmo collaborate to launch an advanced ML platform for ad tech optimization, enhancing campaign delivery and performance.
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4.6%
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Rhea-AI Summary
Grid Dynamics Holdings, Inc. (GDYN) will host a video conference call to discuss its fourth quarter and full year 2023 financial results. The webcast will be available on the Investor Relations section of the Company's website, with a replay accessible with the passcode $Q4@2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.94%
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Rhea-AI Summary
Grid Dynamics has earned the AI and Machine Learning on Microsoft Azure Advanced Specialization from Microsoft, showcasing the company's exceptional technical capabilities in designing, building, deploying, and running cloud-based AI solutions. This milestone expands Grid Dynamics' participation in the Microsoft Azure Innovate for AI Apps program, fostering collaborative growth opportunities. The achievement validates Grid Dynamics' deep knowledge, technical proficiency, and delivery excellence in enabling client adoption of artificial intelligence and machine learning across the entire Azure Data, Analytics, and AI domain. This advanced specialization is only awarded to partners that meet stringent criteria around customer success, staff skilling, and technical certifications, while also passing a third-party audit. Grid Dynamics' focus remains on consistently providing exceptional value to its customers through advanced AI solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.93%
Tags
AI
Rhea-AI Summary
Grid Dynamics Holdings, a leader in enterprise-level digital transformation services and solutions, proudly announced it has earned the Analytics on Microsoft Azure Advanced Specialization from Microsoft, showcasing the company's exceptional technical capabilities in designing, building, deploying, and running cloud-based enterprise analytics solutions. The program helps accelerate clients' development and adoption of cloud-based analytics solutions, providing guidance, resources, and funding, and supports the migration and modernization of existing customer data estates. This significant advancement underscores the dynamic and growing alliance between Grid Dynamics and Microsoft, fostering closer collaboration on large-scale, complex cloud analytics platforms leveraging Power BI, Azure's Data and AI Services, and the newly announced Microsoft Fabric solution platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.03%
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Grid Dynamics Holdings Inc

Nasdaq:GDYN

GDYN Rankings

GDYN Stock Data

828.11M
56.08M
27.43%
73.63%
3.66%
Data Processing, Hosting, and Related Services
Information
Link
US
San Ramon

About GDYN

grid dynamics is an engineering it services company known for transformative, mission-critical cloud solutions for retail, finance and technology sectors. we’ve architected some of the busiest ecommerce services on the internet and have never had an outage during the peak season. founded in 2006 and headquartered in san ramon, california with offices throughout the us and eastern europe, we focus on big data analytics, scalable omnichannel services, devops, and cloud enablement. customers hire grid dynamics for highly complex and innovative projects for two reasons: experienced and super-smart engineers backed by industry-specific blueprints; and a collaborative engineering culture where all team members speak the same language, share the same values, and solve problems together. our team consists of exceptionally passionate software engineers and scientists who love tackling difficult problems and have developed a track record for innovation and quality with nearly every one of our cu