EPAM Systems Soars 10.29% on Q1 Earnings Beat, CEO Appointment

On May 8, 2025, Epam Systems saw a significant rise of 10.29% in pre-market trading, reflecting a strong start to the day's trading session.

EPAM Systems reported impressive Q1 CY2025 results, exceeding market revenue expectations with an 11.7% increase in sales. This positive performance has contributed to the company's stock soaring, indicating strong investor confidence in its financial outlook.

EPAM Systems has also announced the appointment of a new CEO, which has further boosted investor sentiment. The company's decision to lift its FY25 outlook, despite reporting weak first-quarter earnings, suggests a strategic focus on long-term growth and profitability.