Grid Dynamics Holdings Q3 2024 Adj. EPS $0.10 Beats $0.09 Estimate, Sales $87.435M Beat $85.225M Estimate
Portfolio Pulse from Benzinga Newsdesk
Grid Dynamics Holdings reported Q3 2024 earnings per share of $0.10, surpassing the analyst estimate of $0.09. The company's sales were $87.435 million, exceeding the expected $85.225 million and marking a 12.94% increase from the previous year.
October 31, 2024 | 8:05 pm
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Grid Dynamics Holdings reported better-than-expected Q3 2024 earnings and sales, with EPS of $0.10 beating estimates by 11.11% and sales of $87.435M exceeding expectations by 2.59%.
The company's earnings and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. The significant year-over-year sales growth further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100