EPAM Systems, Inc. provided earnings guidance for the third quarter of 2022. For the period, the company expects revenues will be at least $1.210 billion on a GAAP basis reflecting a year-over-year growth rate of at least 22% which includes an unfavorable foreign currency translation impact of approximately 4%. Revenue growth on a constant currency basis will be at least 26%.

GAAP income from operations to be in the range of 9.5% to 10.5% of revenues. GAAP diluted EPS will be at least $1.65 for the quarter.