How did Grid Dynamics' revenue and expenses shift in Q4 2024?

Grid Dynamics Holdings, Inc. (GDYN) experienced significant growth in its revenue streams during Q4 2024, with notable contributions from various business segments, while its operating expenses remain undisclosed.

1. **Revenue Shift**:
- **Sector Leadership**: GDYN's technology consulting and digital engineering services, particularly in AI and cloud computing, have been in high demand. This sector leadership positions GDYN well for capturing growth opportunities across multiple industries, including Tech, Media, and Telecom (TMT), Retail, Consumer Packaged Goods (CPG)/Manufacturing, Finance, and Others.
- **Financial Performance**: The company achieved record quarterly revenue in Q3 2024, with a 12.9% increase to $87.4 million, surpassing consensus expectations. For Q4 2024, GDYN projected an even higher revenue of $97 million, reflecting a 24% year-over-year rise. This growth trajectory is a testament to GDYN's successful expansion into new business areas and its ability to capitalize on market opportunities.
2. **Expense Insights**: Unfortunately, specific data on GDYN's operating expenses for Q4 2024 is not available. However, the company's overall financial performance and growth indicators suggest that GDYN has been managing its expenses effectively to support its rapid revenue growth.

In conclusion, Grid Dynamics Holdings, Inc. demonstrated robust revenue growth in Q4 2024, driven by strong demand for its technology consulting and digital engineering services. While specific expense data is lacking, the company's financial performance indicators and strategic acquisitions suggest efficient expense management.