Grid Dynamics Reports First Quarter 2024 Financial Results [Yahoo! Finance]
Grid Dynamics Holdings, Inc. - Class A (GDYN)
Company Research
Source: Yahoo! Finance
SAN RAMON, Calif., May 02, 2024 BUSINESS WIRE )--Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) ("Grid Dynamics" or "Company"), a leader in enterprise-level digital transformation, today announced results for the first quarter ended March 31, 2024. We are very pleased to report the first quarter 2024 revenues of $79.8 million that was higher than our outlook range of $77.0 million to $79.0 million that we provided in February 2024. Our Retail and Technology, Media and Telecom ("TMT") verticals were the two largest verticals during the first quarter of 2024 with 30.9% and 30.1% of our revenues, respectively. Our Finance vertical, representing 12.8% of our first quarter revenues, grew 24% on a sequential basis and 57.2% on a year-over-year basis. Strength in the financial vertical was from multiple customers, ranging from finance technology, banking and insurance. In the first quarter we continued to diversify our industry mix and disaggregated Healthcare and Pharma as a separate indust
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- Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Grid Dynamics Holdings First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $16.00 price target on the stock.MarketBeat
- Grid Dynamics (GDYN) Q1 Earnings Lag Estimates [Yahoo! Finance]Yahoo! Finance
- Grid Dynamics: Q1 Earnings Snapshot [Yahoo! Finance]Yahoo! Finance
GDYN
Earnings
- 5/2/24 - Beat
GDYN
Sec Filings
- 5/9/24 - Form 4
- 5/7/24 - Form 4
- 5/7/24 - Form 4
- GDYN's page on the SEC website