Recap: Grid Dynamics Holdings Q2 Earnings

Grid Dynamics Holdings GDYN reported its Q2 earnings results on Thursday, August 4, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Grid Dynamics Holdings beat estimated earnings by 33.33%, reporting an EPS of $0.12 versus an estimate of $0.09.

Revenue was up $29.66 million from the same period last year.

Last quarter the company beat on EPS by $0.05 which was followed by a 15.62% increase in the share price the next day.

Here's a look at Grid Dynamics Holdings's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.05	0.08	0.08	0.06
EPS Actual	0.10	0.10	0.11	0.10
Revenue Estimate	63.55M	58.55M	50.91M	41.50M
Revenue Actual	71.41M	66.54M	57.93M	47.68M

To track all earnings releases for Grid Dynamics Holdings visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.