EPAM Systems shares are trading higher after the company reported better-than-expected Q3 financial results, issued Q4 adjusted EPS guidance above estimates and FY23 adjusted EPS guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
EPAM Systems reported better-than-expected Q3 financial results and issued Q4 and FY23 adjusted EPS guidance above estimates, leading to a rise in its share price.
November 02, 2023 | 2:43 pm
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EPAM Systems' shares are trading higher due to better-than-expected Q3 results and higher Q4 and FY23 EPS guidance.
EPAM Systems reported strong Q3 results, beating estimates. Additionally, the company issued Q4 and FY23 EPS guidance above estimates, indicating a positive outlook. This news is likely to boost investor confidence, leading to a rise in the company's share price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100