Recap: Grid Dynamics Holdings Q2 Earnings

Grid Dynamics Holdings GDYN reported its Q2 earnings results on Thursday, August 4, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Grid Dynamics Holdings beat estimated earnings by 33.33%, reporting an EPS of $0.12 versus an estimate of $0.09.

Revenue was up $29.66 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 15.62% increase in the share price the next day.

Here's a look at Grid Dynamics Holdings's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.05 0.08 0.08 0.06
EPS Actual 0.10 0.10 0.11 0.10
Revenue Estimate 63.55M 58.55M 50.91M 41.50M
Revenue Actual 71.41M 66.54M 57.93M 47.68M

To track all earnings releases for Grid Dynamics Holdings visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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