Grid Dynamics Holdings: Q1 Earnings Insights

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Grid Dynamics Holdings GDYN reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.

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

Earnings

Grid Dynamics Holdings reported in-line EPS of $0.08 versus an estimate of $0.08.

Revenue was up $8.67 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 1.9% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.10 0.12 0.09 0.05
EPS Actual 0.14 0.15 0.12 0.10
Revenue Estimate 77.63M 79.34M 73.25M 63.55M
Revenue Actual 80.58M 81.16M 77.33M 71.41M

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.

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