Grid Dynamics Reports Third Quarter 2021 Financial Results
Grid Dynamics Holdings, Inc. - Class A (GDYN)
Company Research
Source: Business Wire
Record Revenue of $57.9 million, up 21.5% sequentially and 120.0% year-over-year SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics”), a leader in enterprise-level digital transformation, today announced results for the third quarter ended September 30, 2021.We are very pleased to report another record quarter of revenue in the company’s history. Our revenue of $57.9 million in the third quarter 2021 was up 21.5% on a sequential basis and 120.0% on a year-over-year basis. During the third quarter we witnessed growth across all our verticals. After factoring out revenues of $13.8 million from our recent acquisitions of Daxx Web Industries B.V. (“Daxx”) and Tacit Knowledge (“Tacit”), our third quarter revenue of $44.1 million grew 14.8% on a sequential basis and was another all-time high for the company. Based on current demand trends, we enter into the fourth quarter and 2022 with incremental confidence as our customers increasingly engag
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News
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GDYN
Earnings
- 2/22/24 - Miss
GDYN
Sec Filings
- 4/23/24 - Form 144
- 4/11/24 - Form 4
- 4/9/24 - Form 144
- GDYN's page on the SEC website