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NEWTOWN, Pa. , Jan. 21, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, will host a conference call at 8:00 a.m.
EPAM is rapidly expanding in the emerging AI space through partnerships and acquisitions, making it a promising player for 2025 and beyond.
IT outsourcing is a strong investment theme due to the rise of remote work and companies placing IT expenses under greater scrutiny. EPAM Systems' Q3 earnings report showed a significant EPS beat and a return to revenue growth. Cash flows from operations increased significantly, and the company holds a substantial cash reserve which can be used for share buybacks.
Investors interested in Computers - IT Services stocks are likely familiar with DXC Technology Company. (DXC) and Epam (EPAM).
ServiceNow, EPAM Systems and DXC Technology have been highlighted in this Industry Outlook article.
The Zacks Computers - IT Services Industry participants like ServiceNow (NOW), EPAM Systems (EPAM) and DXC Technology (DXC) are benefiting from ongoing digitization, strong demand for hybrid working solutions and improving IT spending.
New AI-powered solutions address generative AI, legacy modernization and data analytics to solve industry-specific challenges NEWTOWN, Pa. , Jan. 15, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced it has expanded its strategic partnership with Google Cloud to deliver innovative industry solutions for clients across the media and entertainment, energy and retail verticals.
EPAM Systems is poised for growth, leveraging AI and strategic acquisitions to enhance global presence and offset revenue losses from Russia operations. Despite geopolitical challenges and a tech consultancy slowdown, EPAM shows resilience with improving book value per share and strong financial management. EPAM's focus on AI capabilities, share buybacks, and a robust balance sheet positions it well for future growth and potential M&A activities.
Goldman Sachs analyst James Schneider expects fourth-quarter 2024 reports to reflect gradual demand improvement in 2025 guidance. Based on intra-quarter management commentary and Accenture ACN
NEWTOWN, Pa. , Jan. 8, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced it has been recognized by Newsweek in its 2nd annual rankings for the Excellence 1000 Index—ranking #754 overall and in the Top 5 for IT Services and IT Consulting.