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

Grid Dynamics Holdings

03/11/2022 22:36

* Grid Dynamics Holdings Inc  GDYN.OQ  reported quarterly
adjusted
earnings of 15 cents​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of 12 cents per share.
    * Revenue rose 40.1% to $81.16 million from a year ago;
analysts
expected $79.34 million. 
    * Grid Dynamics Holdings Inc's reported EPS for the quarter
was a
loss of 10 cents​.
    * The mean earnings estimate of analysts had risen by
about 15.8%
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 fallen by 31.6% this
quarter and lost 66.2% so far this year.
    * The company reported a quarterly loss of $6.66 million.
    * Wall Street's median 12-month price target for Grid
Dynamics
Holdings Inc is $25.00 
    * 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 November
3 at 10:36 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.12           0.15           Beat
 Jun. 30 2022      0.09           0.12           Beat
 Mar. 31 2022      0.05           0.10           Beat
 Dec. 31 2021      0.08           0.10           Beat