Digital Business Solutions Lift EPAM Systems' Sales
Demand for digital business services is stronger than ever, with countless corporate entities looking to take advantage of cloud computing and data analytics to make greater use of their information technology infrastructure. EPAM Systems (NYSE: EPAM) has put its international workforce to work in order to offer digital design, consulting, and engineering to its growing client base.
Coming into Thursday's second-quarter financial report, EPAM investors wanted the company to keep posting solid growth in earnings and revenue. Top-line growth was stellar, and even though earnings gains were a bit smaller than hoped, the company sees plenty of potential for future improvement. Let's look more closely at EPAM Systems and what its latest numbers say about its prospects looking ahead.
Image source: EPAM Systems.
Source: Fool.com
Epam Systems Inc. Stock
The stock is one of the favorites of our community with 22 Buy predictions and 2 Sell predictions.
With a target price of 310 € there is a hugely positive potential of 56.25% for Epam Systems Inc. compared to the current price of 198.4 €.
