The Latest Breaking News from EPAM

It's been a rough year so far for the S&P 500 — the worst start to a year since 1970s, says LPL Financial. And bad stock picks make it worse.

Information Technology company EPAM Systems (EPAM) reported impressive first-quarter financials. However, the company is expected to suffer from the Russia-Ukraine war because many of its employees are based in Ukraine. So, let’s evaluate if it is wise to buy the stock now. Read on.

EPAM Sys (NYSE:EPAM) has outperformed the market over the past 5 years by 21.96% on an annualized basis producing an average annual return of 33.61%. Currently, EPAM Sys has a market capitalization of $19.61 billion.

EPAM Systems, Inc (NYSE:EPAM) reported first-quarter FY22 revenue growth of 50.1% year-on-year to $1.17 billion, beating the consensus of $1.06 billion. Acquisitions completed in the last twelve months contributed 9.9% to revenue growth. Non-GAAP income from operations was $188.7 million, up 37.8% Y/Y. The non-GAAP operating margin contracted 140 bps to 16.1%. Non-GAAP…

  EPAM Sys (NYSE:EPAM) reported its Q1 earnings results on Thursday, May 5, 2022 at 06:00 AM. Here's what investors need to know about the announcement.

Epam Systems and other beaten-down stocks led S&P 500 winners on Monday as the major indexes rebounded.

The SPDR S&P 500 ETF Trust (NYSE: SPY) is off to a horrible start to 2022, down 11.7% year-to-date. However, a handful of popular stocks have severely lagged the market and generated much heavier losses for investors this year.

What do S&P 500 stocks that investors are selling off have in common? They used to have lofty valuations or don't pay a dividend.

EPAM Sys (NYSE:EPAM) has outperformed the market over the past 5 years by 17.28% on an annualized basis producing an average annual return of 30.31%. Currently, EPAM Sys has a market capitalization of $16.42 billion.

The Dow Jones moved higher. Tesla stock fell despite CEO Elon Musk making a boast and a bullish call Wall Street. An oil stock surged.

EPAM Sys (NYSE:EPAM) has outperformed the market over the past 10 years by 16.2% on an annualized basis producing an average annual return of 28.8%. Currently, EPAM Sys has a market capitalization of $15.58 billion.