Grid Dynamics Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

Grid Dynamics Holdings

20/02/2025 23:42

* Grid Dynamics Holdings Inc  GDYN.OQ  reported quarterly
adjusted
earnings of 12 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 7 cents.  The mean expectation of five analysts
for the quarter was for earnings of 10 cents per share. Wall
Street expected results to range from 10 cents to 11 cents per
share.
    * Revenue rose 28.5% to $100.28 million from a year ago;
analysts
expected $96.10 million. 
    * Grid Dynamics Holdings Inc's reported EPS for the quarter
was 5
cents​.
    * The company reported quarterly net income of $4.52
million.
    * Grid Dynamics Holdings Inc shares had fallen by 3.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is also "buy"

Wall Street's median 12-month price target for Grid Dynamics
Holdings Inc is $19.00 
This summary was machine generated from LSEG data February 20 at
11:42 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.10           0.12           Beat
 Sep. 30 2024      0.09           0.10           Beat
 Jun. 30 2024      0.07           0.08           Beat
 Mar. 31 2024      0.07           0.07           Met