Grid Dynamics: Q3 Earnings Snapshot
SAN RAMON, Calif. (AP) — SAN RAMON, Calif. (AP) — Grid Dynamics Holdings, Inc. (GDYN) on Thursday reported third-quarter earnings of $676,000.
On a per-share basis, the San Ramon, California-based company said it had profit of 1 cent. Earnings, adjusted for non-recurring costs, were 8 cents per share.
The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 8 cents per share.
The company posted revenue of $77.4 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $76.4 million.
For the current quarter ending in December, Grid Dynamics said it expects revenue in the range of $76 million to $78 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GDYN at https://www.zacks.com/ap/GDYN