Loading...
•
Dec 31, 2023
Grid Dynamics Q4 2023 Earnings Report
Reported flat sequential revenue and a year-over-year decrease of 3.1%.
Key Takeaways
Grid Dynamics reported Q4 2023 revenue of $78.1 million, flat sequentially and a decrease of 3.1% year-over-year. The company added five new enterprise logos and saw growth in the Technology, Media and Telecom, Finance, and Other verticals.
Total revenue was $78.1 million, flat sequentially and decreased 3.1% year-over-year.
GAAP net income attributable to common stockholders was $2.9 million, or $0.04 per share.
Non-GAAP net income was $5.7 million, or $0.07 per diluted share.
Added five new enterprise logos, including a large insurance company and a healthcare company.
Revenue by Segment
Forward Guidance
The Company expects revenue in the first quarter of 2024 to be in the range of $77 million to $79 million, and Non-GAAP EBITDA in the first quarter of 2024 is expected to be between $9.5 million and $10.5 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...