EPAM forecasts first-quarter results in line with estimates

2 days ago 4

Reuters

Thu, February 19, 2026 astatine 5:50 AM CST 1 min read

Feb 19 (Reuters) - EPAM Systems forecast first-quarter results successful enactment with estimates ‌on Thursday, arsenic companies proceed ‌investing successful AI-enhancement of their systems, boosting request for ​the bundle provider's services.

The institution provides a wide scope of IT services including consulting, unreality and AI translation and ‌software engineering.

Despite broader ⁠economic uncertainty, businesses person kept up spending connected bundle improvement ⁠and AI‑driven translation projects, to drawback up successful the AI race.

EPAM sees first-quarter ​revenue successful ​the scope of $1.38 ​billion to $1.40 billion, ‌the mid-point of which is successful enactment with analysts' estimates, according to information compiled by LSEG.

On an adjusted basis, EPAM expects nett per stock successful the ‌range of $2.70 to $2.78, besides ​in enactment with estimates.

For ​the 4th ​quarter, the institution posted gross ‌of $1.41 billion, supra analysts' ​estimates of $1.39 ​billion and adjusted EPS of $3.26, besides supra estimates.

Shares of the Newtown, Pennsylvania‑based ​company fell ‌more than 4% successful premarket trading.

(Reporting ​by Kritika Lamba successful Bengaluru; Editing ​by Mrigank Dhaniwala)

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