India, Aug. 7 -- Digital engineering company EPAM Systems, Inc. (EPAM), while reporting second-quarter results above market estimates, on Thursday issued third-quarter earnings outlook above the Street. The company also raised fiscal 2025 adjusted earnings view above the market.
In the pre-market activity, EPAM shares were gaining around 7.6 percent to trade at $162.94.
For the third quarter, EPAM expects earnings per share in the range of $1.89 to $1.97, and adjusted earnings per share in the range of $2.98 to $3.06.
Revenues for the quarter are projected to be in the range of $1.365 billion to $1.380 billion, reflecting year-over-year growth of 17.6 percent at the midpoint of the range. Revenue growth rate on an organic constant curren...