Epam Systems reports Q2 EPS $2.64, consensus $2.34

Reports Q2 revenue $1.17B, consensus $1.16B. “While the demand environment remains uneven, due in part to a slowdown in near-term decision making, EPAM continues to position for the eventual return of growth as customers gain confidence in their optimization initiatives and shift their focus to investing for differentiation,” said Arkadiy Dobkin, CEO and president, EPAM. “We remain close to our clients, driving new business with an increased focus on demand generation, including go-to-market activities and partnerships, in addition to progressing ongoing investments in our strategic priorities.”