Grid Dynamics reports Q3 EPS 10c, consensus 9c

Reports Q3 revenue $87.4M, consensus $85.22M. The company said, “The third quarter was another milestone in the Company’s history. We reported record revenues and profitability, scaled partnership influenced revenues, and set a new record with the highest number of billable engineers. Customers, both existing and new, are contributing to our strong results, which is a testament to our technology differentiation and delivery excellence. The strong demand we witnessed in the third quarter was built on steady improvements in the first half of the year.”