EPAM Systems, Inc. (NYSE: EPAM) has generated considerable attention in the market. Despite a short interest update and disappointing earnings, there is hope amid the company's growing global recognition. Recent Q2 earnings surpassed estimates, even though results were mixed. EPAM has been acknowledged as a 'Best Place to Work' worldwide and awarded the 2024 Google Cloud Talent Development Partner of the Year in North America. The firm shows steady growth and collaboration in various markets ranging from India to Colombia. In terms of workforce, they are planning to double their team in India within three to four years. The company has been working on large manpower and product development projects and is targeting a major expansion. Despite challenges, EPAM's stock rose by 28% as investors were less pessimistic than expected. Furthermore, EPAM has been recognized for driving innovation in digital transformation and investing in artificial intelligence. However, the company's full-year outlook has been narrowed down, indicating mixed Q1 2024 results. They continue to make strides, such as the acquisition of Vates and continued recognition for digital excellence. Finally, EPAM has demonstrated continued strength in its fundamentals, despite market fluctuations.
Epam Systems EPAM News Analytics from Thu, 02 Nov 2023 10:06:17 GMT to Sun, 18 Aug 2024 22:28:00 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 1
