How did EPAM's revenue and expenses trend in Q4 2024?

EPAM Systems, Inc. experienced a revenue uptick in Q4 2024, with total revenues amounting to $1.25 billion. However, no data was provided regarding expenses for the same period. Here are some insights based on available information:

1. **Revenue Growth**: EPAM's revenue for Q4 2024 was $1.25 billion. This indicates a strong financial performance for the company during the quarter.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|EPAM|EPAM.N|Epam Systems|2024 Q1|-3.7554265649606378|1.165465E9|169|
|EPAM|EPAM.N|Epam Systems|2024 Q2|-2.017508028500965|1.146597E9|169|
|EPAM|EPAM.N|Epam Systems|2024 Q3|1.3358665990820529|1.167527E9|169|
|EPAM|EPAM.N|Epam Systems|2024 Q4|7.8715445229538465|1.248351E9|169|

2. **Earnings Guidance**: The company provided earnings guidance for Q4 2024, expecting GAAP income from operations to be in the range of 10.5% to 11.5% of revenues. This suggests a healthy profit margin for the quarter.
3. **Organic Growth**: When excluding the impact of the exit from Russia and the acquisition of NEORIS, EPAM expected a decline of 1.5% in revenues on an organic constant currency basis. This indicates that the company's organic growth is facing some headwinds, possibly due to market conditions or competitive pressures.
4. **Inorganic Contribution**: The acquisition of NEORIS contributed an inorganic revenue of 5.7% to Q4 2024, with 4.7% of this coming from NEORIS. This highlights the role of strategic acquisitions in driving revenue growth for the company.
5. **Full-Year Outlook**: For the full year 2024, EPAM expected revenues to be between $4.685 billion and $4.695 billion, reflecting flat year-over-year growth at the midpoint of the range. This suggests a more cautious outlook for the full year, despite the strong performance in Q4.

In conclusion, EPAM Systems, Inc. showed robust revenue growth in Q4 2024, driven in part by the acquisition of NEORIS. However, the company faced some challenges in organic growth. The lack of expense data prevents a full analysis of the company's financial performance for the quarter, but the provided guidance and revenue figures indicate a strong operational performance.