EPAM Systems, Inc. (EPAM) Q1 2025 Earnings Call Transcript


EPAM Systems, Inc. (NYSE:EPAM) Q1 2025 Earnings Conference Call May 8, 2025 8:00 AM ET

Company Participants

Mike Rowshandel – Head of Investor Relations
Arkadiy Dobkin – Chief Executive Officer and President
Jason Peterson – Chief Financial Officer

Conference Call Participants

Bryan Bergin – TD Cowen
Ramsey El-Assal – Barclays
Maggie Nolan – William Blair
David Grossman – Stifel
Jonathan Lee – Guggenheim
Jason Kupferberg – Bank of America
Jamie Friedman – Susquehanna
Puneet Jain – JP Morgan
Darrin Peller – Wolfe Research
Jim Schneider – Goldman Sachs

Operator

Good day, and welcome to EPAM Systems First Quarter 2025 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. And finally, I would like to advise all participants that this call is being recorded. Thank you.

I’d now like to welcome Mike Rowshandel, Head of Investor Relations, to begin the conference. Mike, over to you.

Mike Rowshandel

Good morning, everyone, and thank you for joining us today, on our first quarter 2025 earnings announcement. As the operator just mentioned, I’m Mike Rowshandel, Head of Investor Relations. We hope you’ve had an opportunity, to review the two news releases we shared earlier today. If you have not, copies are available on epam.com in the Investors Section. With me on today’s call are Arkadiy Dobkin, CEO and President; and Jason Peterson, Chief Financial Officer.

I would like to remind those listening that some of the comments made on today’s call may contain forward-looking statements. These statements are subject to risks and uncertainties as described in the company’s earnings release and SEC filings. Additionally, all references to reported results that are non-GAAP measures have been reconciled to the comparable GAAP measures and are available in our quarterly earnings materials located in



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