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EPAM Systems, Inc. (NYSE: EPAM), a leading global provider of digital platform engineering and software development services, today announced results for its fourth quarter and full year ended December\u00a031, 2019. The Company continues constant growth, providing highly relevant, adaptive services that help its customers succeed in an increasingly competitive and disruptive environment.<\/p>\n
Fourth quarter revenues increased to $632.8 million, a year-over-year increase of $127.8 million, or 25.3%. Annual revenues increased to $2.29 billion, a year-over-year increase of $450.9 million, or 24.5%.<\/p>\n
Total headcount was approximately 36,700 as of December\u00a031, 2019, an increase of 21.7% from December\u00a031, 2018. The Company expects revenue growth for 2020 to exceed 22%.<\/p>\n
Read more about EPAM\u2019s activity results: https:\/\/investors.epam.com\/news-releases\/news-release-details\/epam-reports-results-fourth-quarter-and-full-year-2019<\/a><\/p>\n About EPAM Systems<\/strong><\/p>\n Since 1993, EPAM Systems, Inc. (NYSE: EPAM) has leveraged its software engineering expertise to become a leading global product development, digital platform engineering, and top digital and product design agency. Through its \u2018Engineering DNA\u2019 and innovative strategy, consulting, and design capabilities, EPAM works in collaboration with its customers to deliver next-gen solutions that turn complex business challenges into real business outcomes. EPAM\u2019s global teams serve customers in more than 30 countries across North America, Europe, Asia and Australia. As a recognized market leader in multiple categories among top global independent research agencies, EPAM was one of only four technology companies to appear on Forbes 25 Fastest Growing Public Tech Companies list every year of publication since 2013 and was the only IT services company featured on Fortune’s 100 Fastest-Growing Companies list of 2019. Learn more at www.epam.com<\/a>\u00a0and follow EPAM on Twitter @EPAMSYSTEMS<\/a>\u00a0and\u00a0LinkedIn<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" EPAM Systems, Inc. (NYSE: EPAM), a leading global provider of digital platform engineering and software development services, today announced results for its fourth quarter and full year ended December\u00a031, 2019. The Company continues constant growth, providing highly relevant, adaptive services that help its customers succeed in an increasingly competitive and disruptive environment. Fourth quarter revenues […]<\/p>\n","protected":false},"author":4489,"featured_media":246837,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[15576,15575],"tags":[],"class_list":["post-772560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-articles-en","category-news-and-articles-from-companies-en","company-17475"],"_links":{"self":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts\/772560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/users\/4489"}],"replies":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/comments?post=772560"}],"version-history":[{"count":0,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts\/772560\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/media\/246837"}],"wp:attachment":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/media?parent=772560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/categories?post=772560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/tags?post=772560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}