05:29 PM EST, 02/20/2025 (MT Newswires) -- Grid Dynamics Holdings ( GDYN ) reported Q4 non-GAAP earnings late Thursday of $0.12 per diluted share, up from $0.10 a year earlier.

Analysts polled by FactSet expected $0.10.

Revenue for the quarter that ended Dec. 31 was $100.3 million, up from $78.1 million a year earlier.

Analysts surveyed by FactSet expected $96 million.

The company expects Q1 revenue of $98 million to $100 million. Four analysts polled by FactSet expect $96 million.

Grid estimates full-year 2025 revenue of $415 million to $435 million. Analysts polled by FactSet expect $409.5 million.

The company shares were up nearly 18% in after-market activity.

Price: 24.15, Change: +3.67, Percent Change: +17.92