Grid Dynamics Q1 2023 Earnings Report

Grid Dynamics EPS Results

• Actual EPS: $0.08
• Consensus EPS: $0.08
• Beat/Miss: Met Expectations
• One Year Ago EPS: $0.10

Grid Dynamics Revenue Results

• Actual Revenue: $80.08 million
• Expected Revenue: $79.62 million
• Beat/Miss: Beat by +$460.00 thousand
• YoY Revenue Growth: +12.10%

Grid Dynamics Announcement Details

• Quarter: Q1 2023
• Date: 5/4/2023
• Time: After Market Closes

Grid Dynamics (NASDAQ:GDYN), together with its subsidiaries, provides technology consulting, platform and product engineering, and analytics services in North America, Europe, and internationally. It offers cloud platform and product engineering services, such as architecting, designing, and building scalable and secure cloud-based platforms and business applications; and AI/machine learning and data platform engineering services that build platforms to facilitate batch and streaming data ingestion, quality governance, orchestration, semantic modeling, observability, and analysis at scale. The company provides digital engagement services, including digital ecosystem design and implementation; and supply chain, Internet of Thing, and advanced manufacturing, which focuses on transforming traditional operations into smart and connected ecosystems. It serves customers that operate in the tech, media, telecommunications, retail, consumer packaged goods, manufacturing, and finance industries. The company was formerly known as ChaSerg Technology Acquisition Corp. and changed its name to Grid Dynamics Holdings, Inc. Grid Dynamics Holdings, Inc. was founded in 2006 and is headquartered in San Ramon, California.