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 Fenwick 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 six months ended 30 June 2019, EPAM Systems Inc revenues increased 23% to $1.07B. Net income before extraordinary items increased 31% to $119.5M. Revenues reflect Russia segment increase of 3% to $38.4M. Net income benefited from North America segment income increase of 41% to $133.8M, Europe segment income increase of 7% to $59.5M. Basic Earnings per Share excluding Extraordinary Items increased from $1.72 to $2.19.
Employees: 26,760 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $9,438M as of Jun 30, 2019
Annual revenue (TTM): $2,046M as of Jun 30, 2019
EBITDA (TTM): $323.07M as of Jun 30, 2019
Net annual income (TTM): $264.29M as of Jun 30, 2019
Free cash flow (TTM): $225.96M as of Jun 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 54,850,289 as of Jul 31, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization