Reported about 6 hours ago
EPAM Systems has increased its 2025 earnings forecast for the third time this year, driven by heightened spending on IT services as businesses transition to modern systems that incorporate artificial intelligence. Shares surged by 4% in premarket trading following the announcement. The company now expects adjusted earnings per share to range between $11.36 and $11.44, alongside a revenue growth estimate of 14.8% to 15.2%, both exceeding analyst predictions.
Source: YAHOO