EPAM Systems Inc. ( EPAM ) is trading lower Thursday following its fourth-quarter and full-year 2024 earnings report and disappointing 2025 guidance.

What To Know: In its fourth quarter, EPAM ( EPAM ) posted adjusted EPS of $2.84, beating the $2.75 Estimate, and revenue of $1.25 billion, beating the $1.21 billion estimate. However, despite solid results in the fourth quarter, the company issued guidance for fiscal year 2025 that predicts adjusted EPS in the range of $10.45 to $10.75, below the analyst consensus of $11.32. Additionally, the forecasted revenue growth of 10% to 14% for 2025 was weaker than anticipated.

For its first quarter of 2025, EPAM ( EPAM ) expects revenues between $1.275 billion and $1.290 billion, reflecting a year-over-year increase at the midpoint, but organic constant currency revenue growth is expected to be flat. Adjusted EPS for the first quarter is projected to range from $2.22 to $2.32, also below the consensus estimate of $2.59.

Investors are reacting to this underwhelming outlook, which potentially highlights concerns about slower revenue growth and pressure on profitability as the company navigates a challenging macroeconomic environment and integration of recent acquisitions.

EPAM Price Action: EPAM ( EPAM ) systems shares closed 12.8% lower at $225.07 on Thursday, according to Benzinga Pro.

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