Grid Dynamics Holdings Q2 2024 Adj. EPS $0.08 Beats $0.07 Estimate, Sales $83.037M Beat $81.086M Estimate
Portfolio Pulse from Benzinga Newsdesk
Grid Dynamics Holdings (NASDAQ:GDYN) reported Q2 2024 adjusted EPS of $0.08, beating the estimate of $0.07. Sales were $83.037M, surpassing the $81.086M estimate and showing a 7.36% increase from the same period last year.
August 01, 2024 | 8:29 pm
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Grid Dynamics Holdings reported Q2 2024 adjusted EPS of $0.08, beating the estimate of $0.07 by 14.29%. Sales were $83.037M, surpassing the $81.086M estimate and showing a 7.36% increase from the same period last year.
The company's earnings and sales both exceeded analyst estimates, which is likely to positively impact the stock price in the short term. The year-over-year sales increase further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100