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

Grid Dynamics Holdings

06/08/2021 23:04

* Grid Dynamics Holdings Inc  GDYN.OQ  reported quarterly
adjusted earnings of 10 cents​​ per share for the quarter ended
in June. The mean expectation of seven analysts for the quarter
was for earnings of 6 cents per share.
* Revenue rose 113.1% to $47.68 million from a year ago; 
analysts expected $41.94 million. 
* Grid Dynamics Holdings Inc's reported EPS for the quarter was
a loss of 3 cents​.
* The mean earnings estimate of analysts had risen by about 5.9%
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 42.0% this
quarter and gained 69.4% so far this year.
* The company reported a quarterly loss of $1.48 million.
* Wall Street's median 12-month price target for Grid Dynamics
Holdings Inc is $27.50 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 6 at 10:04 p.m.  ​All
figures in US dollars unless otherwise stated