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Newtown, Pennsylvania-based EPAM Systems, Inc. (EPAM) provides digital platform engineering and software development services. Valued at $12.61 billion by market cap, the company provides software development, outsourcing services, e-business, enterprise relationship management, and content management solutions. The software engineering and product development services provider is expected to announce its fiscal second-quarter earnings for 2024 before the market opens on Thursday, Aug. 8.
Ahead of the event, analysts expect EPAM to report a profit of $1.72 per share on a diluted basis, down 22.2% from $2.21 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.