Sector: Technology | Industry: IT Services & Consulting |
See Regulatory Filings on SEC |
Company Contact | |
Address: | SUITE 202, 41 UNIVERSITY DRIVE NEWTOWN PA 18940 |
Tel: | 1-267-7599000 |
Website: | https://www.epam.com |
IR: | See website |
Key People | ||
Arkadiy Dobkin Chairman of the Board, President, Chief Executive Officer | Gary C. Abrahams Chief Accounting Officer, Vice President, Corporate Controller | Jason Peterson Chief Financial Officer, Senior Vice President, Treasurer |
Balazs Fejes President - EU and APAC Markets | Larry Solomon Senior Vice President, Chief People Officer | Elaina Shekhter Senior Vice President, Chief Marketing Officer and Strategy Officer |
Edward Fenwick Rockwell Senior Vice President, General Counsel, Corporate Secretary | Viktar Dvorkin Senior Vice President, Head - Global Delivery | Boris Shnayder Senior Vice President, Co-Head - Global Business | Sergey Yezhkov Senior Vice President, Co-Head - Global Business |
Business Overview |
EPAM Systems, Inc. is a provider of digital engineering, cloud, and artificial intelligence-enabled transformation services. The Company's software product and platform development services including product research, customer experience design and prototyping, program management, component design and integration, full lifecycle software testing, product deployment and end-user customization, performance tuning, product support and maintenance, managed services, as well as cross-platform migration and modernizing legacy platforms. The Company operates through three segments: North America, Europe, and Russia. It offers complex software product development services to address the constant need for innovation and agility among software and technology companies. The Company partner with global pharmaceutical, medical and scientific technology, biotechnology companies and retail pharmacies to deliver sophisticated scientific informatics and enterprise technology solutions. |
Financial Overview |
For the three months ended 31 March 2024, EPAM Systems Inc revenues decreased 4% to $1.17B. Net income before extraordinary items increased 11% to $113.9M. Revenues reflect Europe segment decrease of 7% to $460.7M, Russia segment decrease from $7.8M to $0K, North America segment decrease of 1% to $704.7M, United Kingdom (Country) segment decrease of 13% to $135.9M, United States segment decrease of 2% to $667.1M. |
Employees: | 53,150 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $8,617M as of Mar 31, 2024 |
Annual revenue (TTM): | $4,645M as of Mar 31, 2024 |
EBITDA (TTM): | $643.35M as of Mar 31, 2024 |
Net annual income (TTM): | $428.73M as of Mar 31, 2024 |
Free cash flow (TTM): | $577.97M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 57,974,371 as of Apr 30, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |