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

Grid Dynamics Holdings

06/05/2022 22:56

* Grid Dynamics Holdings Inc  GDYN.OQ  reported quarterly
adjusted
earnings of 10 cents​​ per share for the quarter ended in March.
The mean expectation of seven analysts for the quarter was
for earnings of 5 cents per share.
    * Revenue rose 82.5% to $71.41 million from a year ago; 
analysts
expected $63.55 million. 
    * Grid Dynamics Holdings Inc's reported EPS for the quarter
was a
loss of 4 cents​.
    * The mean earnings estimate of analysts had fallen by
about 32.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Grid Dynamics Holdings Inc shares had risen by 6.8% this
quarter and lost 60.4% so far this year.
    * The company reported a quarterly loss of $2.67 million.
    * Wall Street's median 12-month price target for Grid
Dynamics
Holdings Inc is $22.50 
    * 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 May 6 at 09:56 p.m.  ​All
figures in US dollars unless otherwise stated