EPAM Systems Inc (N:EPAM)

Business Focus: IT Services & Consulting

Sector:  Technology Industry:  IT Services & Consulting
See Regulatory Filings on SEC
Company Contact
Address: 41 University Dr Ste 202
NEWTOWN PA 18940-1873
Tel: N/A
Website: https://www.epam.com
IR: See website
Key People
Arkadiy Dobkin
Chairman of the Board, President, Chief Executive Officer
Sergey Yezhkov
Senior Vice President, Co-Head of Global Business
Jason Peterson
Chief Financial Officer, Senior Vice President, Treasurer
Larry Solomon
Senior Vice President, Chief People Officer
Balazs Fejes
Executive Vice President, Co-Head of Global Business
Elaina Shekhter
Senior Vice President, Chief Marketing Officer
Edward Rockwell
Senior Vice President, General Counsel, Secretary
Viktar Dvorkin
Senior Vice President, Head of Global Delivery
Jason Harman
Senior Vice President, Co-Head of Global Business
Boris Shnayder
Senior Vice President, Co-Head of Global Business
Business Overview
EPAM Systems, Inc. is a g provider of software product development and digital platform engineering services to clients located primarily in North America, Europe, Asia and Australia. The Company's service offerings cover the full software product development lifecycle from digital strategy and customer experience design to enterprise application platforms implementation and program management services and from complex software development services to maintenance, support, custom application development, application testing, and infrastructure management. Its service offerings include Software Product Development Services, Custom Application Development Services, Application Testing Services, Enterprise Application Platforms, Application Maintenance and Support, and Infrastructure Management Services. It offers its solutions and services to industries, such as financial services, media and entertainment, travel and consumer, software and hi-tech, and life sciences and healthcare.
Financial Overview
For the three months ended 31 March 2019, EPAM Systems Inc revenues increased 23% to $521.3M. Net income before extraordinary items increased 45% to $60.8M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from North America segment income increase of 47% to $64.5M, Europe segment income increase of 10% to $31.8M.
Employees: 26,760 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $8,796M as of Mar 31, 2019
Annual revenue (TTM): $1,940M as of Mar 31, 2019
EBITDA (TTM): $302.78M as of Mar 31, 2019
Net annual income (TTM): $255.06M as of Mar 31, 2019
Free cash flow (TTM): $244.40M as of Mar 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 54,631,565 as of Apr 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization