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EPAM(EPAM) - 2023 Q3 - Quarterly Report
2023-11-03 00:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________to________ Commission file number: 001-35418 EPAM SYSTEMS, INC. (Exact name of registrant as specified in its charter) Delaware 22-3536104 (State or other ju ...
EPAM(EPAM) - 2023 Q2 - Earnings Call Transcript
2023-08-04 03:15
Jason Peterson Arkadiy Dobkin Moshe Katri Hi. Thanks for taking my question. I also wanted to ask about demand. Do you expect like clients to spend on CapEx investments to modernize or re-platform their core systems sometime this year, maybe in 4Q or is that type of work is something that could come through on their next yearÂ's budget, meaning that it might not come in anytime this year? ItÂ's difficult to answer that. I think we answered this question already in another way a couple of times. We donÂ't kn ...
EPAM(EPAM) - 2023 Q2 - Quarterly Report
2023-08-03 00:00
财务表现 - 公司在2023年上半年的营收为23.81亿美元,较去年同期增长0.6%[52] - 2023年上半年的营业利润率为11.1%,较去年同期的9.4%有所提高[52] - 公司在2023年上半年的净利润为12.00亿美元,净利润率为10.3%[54] - 2023年6月30日,公司总收入为11.7亿美元,同比下降2.1%[55] - 美洲地区为公司最大的客户地点,贡献了58.0%的收入[55] - 2023年6月30日,中东欧地区的收入主要受俄罗斯市场退出影响,同比下降了12.3百万美元[56] - 2023年6月30日,销售、一般和行政费用为1.944亿美元,同比下降16.4%[59] - 2023年6月30日,折旧和摊销费用为2.28百万美元,与去年同期持平[59] - 2023年6月30日,北美地区业务部门的营收为6,800,710美元,同比下降6.0%[62] - 2023年6月30日,北美地区业务部门的运营利润为131,660美元,同比增长3.3%[62] - 2023年6月30日,欧洲业务部门的营收为4,834,420美元,同比增长7.0%[64] - 2023年6月30日,欧洲业务部门的运营利润为64,801美元,同比增长83.1%[64] - 2023年第二季度,北美地区业务收入为6.8亿美元,占总业务收入的58.1%[62] - 2023年第二季度,北美地区业务运营利润为13.17亿美元,较去年同期增长3.3%[62] - 2023年第二季度,俄罗斯地区业务运营亏损为274.3万美元[62] - 2023年前六个月,北美地区业务运营利润为2.54亿美元,较去年同期增长0.1%[62] - 2023年前六个月,俄罗斯地区业务运营亏损为574.8万美元[62] 地区业务表现 - 2023年6月30日,北美地区软件和高科技行业垂直领域在营收为135,755美元,同比下降15.7%[63] - 2023年6月30日,北美地区金融服务行业垂直领域在营收为135,178美元,同比增长6.5%[63] - 2023年6月30日,欧洲旅行和消费者行业垂直领域在营收为151,639美元,同比增长8.3%[64] - 2023年6月30日,欧洲软件和高科技行业垂直领域在营收为38,910美元,同比增长15.0%[64] - 北美地区软件和高科技行业垂直领域在2023年第二季度和上半年度的收入分别下降了15.7%和10.0%[63] - 欧洲地区旅行和消费者行业在2023年第二季度和上半年度的收入分别增长了8.3%和10.0%[64] - 俄罗斯地区金融服务行业在2023年第二季度和上半年度的收入分别下降了69.8%和80.3%[65] 经营活动和现金流 - 截至2023年6月30日,EPAM的主要流动性来源是现金及现金等价物总计17.77亿美元、短期投资总计7140万美元以及可用于借款的旋转信贷额度6.75亿美元[68] - 2023年6月30日,EPAM的经营活动提供的净现金为1.76386亿美元,较2022年同期的净现金提供额增加了1.507亿美元[69] - 2023年6月30日,EPAM的投资活动中净现金使用额为3550万美元,较2022年同期的净现金使用额减少了8870万美元[70] - 公司认为目前的现金储备和预期的经营现金流足以满足未来至少12个月的运营和资本支出需求[71] - 2023年上半年,公司投资活动中的净现金流为3,550万美元,较2022年同期的1.231亿美元净现金流有所减少[70] - 2023年上半年,公司融资活动中的净现金流为6,280万美元,较2022年同期的1,060万美元净现金流有所增加[70]
EPAM(EPAM) - 2023 Q1 - Earnings Call Transcript
2023-05-06 00:10
EPAM Systems, Inc. (NYSE:EPAM) Q1 2023 Earnings Conference Call May 5, 2023 8:00 AM ET David Straube - Head of Investor Relations Jason Peterson - Chief Financial Officer, Senior Vice President & Treasurer James Faucette - Morgan Stanley David Grossman - Stifel Company Participants Arkadiy Dobkin - Chairman, President and Chief Executive Officer Conference Call Participants Darrin Peller - Wolfe Research Bryan Bergin - TD Cowen Margaret Nolan - William Blair Ramsey El-Assal - Barclays Ashwin Shirvaikar - Ci ...
EPAM(EPAM) - 2023 Q1 - Earnings Call Presentation
2023-05-05 20:50
We then support agile and iterative development teams within EPAM – ensuring ongoing improvements and enhancements along a multi-phase roadmap. Corporate Responsibility & Recognitions EPAM Proprietary & Confidential. 20 07 Protect the Environment Operate Ethically Support Our Global & Local Communities We embody these principles by sharing our creative talents and innovations with the world around us. Our employees are empowered to create a global network of impact, powered by local connections. EPAM Propri ...
EPAM(EPAM) - 2023 Q1 - Quarterly Report
2023-05-05 00:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________to________ Commission file number: 001-35418 EPAM SYSTEMS, INC. (Exact name of registrant as specified in its charter) Delaware 22-3536104 (State or other jurisd ...
EPAM(EPAM) - 2022 Q4 - Annual Report
2023-02-24 00:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-35418 EPAM SYSTEMS, INC. (Exact name of registrant as specified in its charter) Delaware 22-3536104 (State or other jurisdiction of (I.R.S. Employer incorporation or organizatio ...
EPAM(EPAM) - 2022 Q4 - Earnings Call Transcript
2023-02-17 01:38
From a geographic perspective, the Americas, our largest region, representing 59% of our Q4 revenues, grew 14.7% year-over-year or 15.6% in constant currency. EMEA, representing 37% of our Q4 revenues, grew 18% year-over-year, or 25.7% in constant currency. The accelerated growth in the quarter is partially the result of recent acquisitions. CEE, representing 1% of our Q4 revenues, contracted 71.8% year-over-year, or 72.6% in constant currency. Revenue in the quarter was impacted by our decision to exit the ...
EPAM(EPAM) - 2022 Q4 - Earnings Call Presentation
2023-02-16 21:01
GAAP Diluted EPS of $2.61, 8.7% YoY Non-GAAP Diluted EPS of $2.93, 6.2% YoY Mobile devices The Company launches EPAM Continuum, the company's vision for integrated Consulting and Engineering services. Within EPAM's top 100 clients, 20% are in the Fortune 500 and more than 50% are in the Forbes Global 2000. Investor February 2023 These materials contain forward-looking statements. You should not place undue reliance on these statements because they are subject to numerous uncertainties and factors relating ...
EPAM(EPAM) - 2022 Q3 - Earnings Call Transcript
2022-11-04 02:12
EPAM Systems, Inc. (NYSE:EPAM) Q3 2022 Earnings Conference Call November 3, 2022 8:00 AM ET Company Participants David Straube - Head of Investor Relations Arkadiy Dobkin - Chairman, President and Chief Executive Officer Jason Peterson - Chief Financial Officer, Senior Vice President & Treasurer Conference Call Participants Bryan Bergin - Cowen David Grossman - Stifel Darrin Peller - Wolfe Research Ashwin Shirvaikar - Citi Ramsey El-Assal - Barclays James Faucette - Morgan Stanley Surinder Thind - Jefferies ...