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

Grid Dynamics Holdings

24/02/2023 20:30

* Grid Dynamics Holdings Inc  GDYN.OQ  reported quarterly
adjusted
earnings of 14 cents​​ per share for the quarter ended in
December. The mean expectation of seven analysts for the quarter
was for earnings of 11 cents per share.
    * Revenue rose 21.1% to $80.58 million from a year ago;
analysts
expected $77.63 million. 
    * Grid Dynamics Holdings Inc's reported EPS for the quarter
was a
loss of 9 cents​.
    * The mean earnings estimate of analysts had fallen 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. 
    * Grid Dynamics Holdings Inc shares had risen by 7.9% this
quarter.
    * The company reported a quarterly loss of $5.49 million.
    * Wall Street's median 12-month price target for Grid
Dynamics
Holdings Inc is $20.00 
    * 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 from Refinitiv data February
24 at 08:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.11           0.14           Beat
 Sep. 30 2022      0.12           0.15           Beat
 Jun. 30 2022      0.09           0.12           Beat
 Mar. 31 2022      0.05           0.10           Beat