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Epam Systems EPAM - News Analyzed: 5,351 - Last Week: 100 - Last Month: 394

β‡— EPAM Systems EPAM: A Mixed Bag of Success and Challenges in the IT Sector

EPAM Systems EPAM: A Mixed Bag of Success and Challenges in the IT Sector
EPAM Systems has faced fluctuation with investors' fortunes declining as much as 43% in the past three years, while at the same time experiences a growth in earnings. Investments in EPAM Systems by entities like Cambiar Investors LLC and Sumitomo Mitsui Trust Group Inc. have decreased. However, Bristlecone Advisors LLC and entities such as Entropy Technologies LP and Advisors Preferred LLC have increased their stakes in EPAM. EPAM Systems is subject to the sale of shares by its CFO worth $277,046. It has extended its collaboration with Baker Hughes aiming to transform the energy sector using AI and completed the acquisition of NEORIS. Its workforce in India is projected to reach 10k by March'25. Impressive financial performance has been noted with raised annual forecasts driven by IT spending. EPAM Systems is preparing to announce its Fourth Quarter 2024 Earnings. A significant deal to acquire First Derivative has been announced, expanding its global financial services practice. Constructive reviews continue as EPAM Systems has been identified as a top IT Vendor in Europe. Still, the overall reputation remains mixed as the company faces the challenge of a 64% loss for investors who invested three years ago.

Epam Systems EPAM News Analytics from Thu, 13 Jun 2024 07:00:00 GMT to Sat, 15 Feb 2025 06:31:37 GMT - Rating 5 - Innovation 8 - Information 6 - Rumor -2

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