EPAM slides after cutting annual revenue growth forecast

EPAM Systems

06/08/2026 11:31

** Software provider EPAM Systems' EPAM.N shares fall 13.5% to $95.19 premarket
** Co now expects annual revenue growth rate to be 3.2%-4.2%, down from previous range of 4.0%-6.5%
** Forecasts Q3 rev between $1.41 bln and $1.43 bln, below analysts' avg. estimate of $1.45 bln - data compiled by LSEG
** Sees Q3 adj. EPS between $3.38 and $3.46, midpoint below ests of $3.44
** Up to last close, stock down 46.4% YTD

 (Reporting by Shinjini Ganguli)
 ((Shinjini.Ganguli@thomsonreuters.com; +91(80674) 91718;))