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

Grid Dynamics Holdings

04/03/2022 07:40

* Grid Dynamics Holdings Inc  GDYN.OQ  reported quarterly
adjusted
earnings of 10 cents​​ per share for the quarter ended in
December. The mean expectation of seven analysts for the quarter
was for earnings of 8 cents per share.
    * Revenue rose 120.9% to $66.54 million from a year ago; 
analysts
expected $58.55 million. 
    * Grid Dynamics Holdings Inc's reported EPS for the quarter
was a
loss of 5 cents​.
    * The mean earnings estimate of analysts had risen by
about 1.7%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Grid Dynamics Holdings Inc shares had fallen by 72.7% this
quarter.
    * The company reported a quarterly loss of $3.61 million.
    * Wall Street's median 12-month price target for Grid
Dynamics
Holdings Inc is $40.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 4 at 07:39 a.m.  ​All
figures in US dollars unless otherwise stated