Grid Dynamics Holdings Inc

Grid Dynamics Holdings, Inc. provides digital engineering and information technology services. The firm core business is to deliver focused and complex technical consulting, software design, development, testing and internet service operations. It also helps organizations become more agile and create innovative digital products and experiences through its deep expertise in emerging technology, such as AI, data science, cloud computing, big data and DevOps, lean software development practices and a performance product culture. The company was founded by Victoria Livschitz in 2006 and is headquartered in San Ramon, CA.

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Grid Dynamics excels in Q4, eyes $1B revenue target

Grid Dynamics delivered a strong Q4 performance, surpassing revenue expectations and emphasizing global expansion and acquisitions. The company faces challenges in optimizing headcount growth and pricing strategies amidst wage inflation. However, opportunities lie in potential M&A activities, vertical expansion, and leveraging its technological strengths for further growth.

Grid Dynamics exceeds Q1 expectations, focuses on tech innovation and global expansion

Grid Dynamics Holdings Inc (GDYN) delivered strong Q1 2023 results, exceeding revenue and profitability expectations. The company's focus on technology innovation, strategic acquisitions, and client-centric approach positions it well for future growth. Despite challenges in the technology sector and margin pressure, Grid Dynamics is capitalizing on opportunities in digital transformation and geographical expansion.

Grid Dynamics exceeds Q2 expectations, eyes AI growth opportunities

Grid Dynamics' Q2 performance showcased strong revenue, profitability, and client engagement driven by successful AI initiatives and strategic partnerships.
While facing challenges in certain verticals and pricing strategies, the company is well-positioned to capitalize on opportunities in AI, M&A, and global expansion.
By focusing on value creation for clients, technological leadership, and strategic growth initiatives, Grid Dynamics aims to become a billion-dollar revenue company.

Grid Dynamics surpasses Q3 expectations, focuses on growth and resilience

Grid Dynamics delivered strong Q3 results, exceeding expectations and showcasing growth in key verticals. The company's strategic focus on new client acquisitions, AI projects, and global expansion is driving momentum.
While facing margin challenges and market uncertainties, Grid Dynamics is proactively addressing these issues through strategic actions and tough pricing decisions. The company's resilience in rebounding core business and focus on sustainable growth bode well for its future.
Opportunities lie in sustained revenue growth, market expansion, and technological advancements. By leveraging its strengths in client relationships, technical capabilities, and global presence, Grid Dynamics is poised for continued success and scalability.

Grid Dynamics exceeds Q4 revenue guidance, eyes growth opportunities

Grid Dynamics reported strong Q4 performance, exceeding revenue guidance and showcasing growth in key areas like sales, CTO performance, and new AI initiatives. Financial stability improved with higher GAAP net income and cash reserves.
While facing challenges such as revenue mix fluctuations and declining non-GAAP EBITDA, the company is well-positioned to address them through strategic adjustments and a focus on profitability. Opportunities lie in leveraging demand trends, partnerships, and AI advancements for future growth.
Overall, Grid Dynamics' focus on customer diversification, global expansion, and managing OpEx growth relative to revenue growth sets a positive trajectory for 2024. The company's optimism and ability to navigate uncertainties signal a promising outlook for the future.

Grid Dynamics exceeds Q1 revenue expectations, focuses on growth

Grid Dynamics' Q1 performance showcased solid execution, growth in key verticals, and successful technology projects. The company's focus on innovation, partnerships, and client demand positions it well for future growth opportunities while addressing challenges in vertical stabilization and AI adoption impact.

Grid Dynamics surpasses Q2 expectations, eyes AI expansion and sector growth

Grid Dynamics delivered strong Q2 results, exceeding expectations and showcasing revenue growth.
The company's diversified revenue mix and focus on client relationships position it well for future success.
Opportunities in AI expansion, sector growth, and strategic M&A present avenues for continued growth.
Challenges include maintaining momentum, operational efficiency, and global workforce management.

Grid Dynamics excels in Q3, eyes AI growth opportunities

Grid Dynamics delivered a strong Q3 performance, exceeding revenue and EBITDA expectations, driven by customer strength and revenue diversification.
The company faces challenges in managing global expansion and operational efficiency while having opportunities to leverage AI demand and client urgency for project completion.
Strategic investments in technology and expansion into new verticals position Grid Dynamics for continued growth and differentiation in the market.

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SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) (Grid Dynamics), a leading provider of technology consulting, platform and product engineering, AI, and digital engagement services, today announces the launch of its Composable Commerce Starter Kit on Azure. This starter kit includes a minimum viable product (MVP) deployable in months, and empowers businesses to deliver superior digital commerce experiences with rapid time-to-value. Clients can leverage best-of-bre.

Grid Dynamics Introduces Composable Commerce Starter Kit on Microsoft Azure, Enabling Rapid Replacement of Legacy Systems with Modern Digital Commerce Capabilities

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) (“Grid Dynamics”), a leader in technology consulting, platform and product engineering, AI, and digital engagement services, today announced the pricing of an underwritten public offering of 5,750,000 shares of its common stock at a price to the public of $17.25 per share. The expected net proceeds of the offering after expenses are approximately $93.4 million, which are intended to be used for working capital, capit.

Grid Dynamics Announces Pricing of Public Offering

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) (“Grid Dynamics”), a leader in technology consulting, platform and product engineering, AI, and digital engagement services, today announced the launch of a proposed underwritten public offering of 5,000,000 shares of its common stock. All of the shares to be sold in the offering are to be sold by Grid Dynamics. In addition, Grid Dynamics expects to grant the underwriters a 30-day option to purchase up to 750,000 add.

Grid Dynamics Announces Proposed Public Offering

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN ) Q3 2024 Earnings Conference Call October 31, 2024 4:30 PM ET Company Participants Cary Savas - Director, Branding and Communications Leonard Livschitz - Chief Executive Officer Anil Doradla - Chief Financial Officer Yury Gryzlov - Chief Operating Officer Conference Call Participants Mayank Tandon - Needham Bryan Bergin - TD Cowen Maggie Nolan - William Blair Puneet Jain - JPMorgan Cary Savas Good afternoon, everyone. Welcome to Grid Dynamics Third Quarter 2024 Earnings Conference Call.

Grid Dynamics Holdings, Inc. (GDYN) Q3 2024 Earnings Call Transcript

Grid Dynamics (GDYN) came out with quarterly earnings of $0.10 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.08 per share a year ago.

Grid Dynamics (GDYN) Matches Q3 Earnings Estimates

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics” or the “Company”), a leader in enterprise-level digital transformation, today announced results for the third quarter ended September 30, 2024. We are very pleased to report third quarter 2024 revenues of $87.4 million that was higher than our outlook range of $84.0 million to $86.0 million that we provided in August 2024. Our Retail and Technology, Media and Telecom (“TMT”) verticals were the two l.

Grid Dynamics Reports Third Quarter 2024 Financial Results

Grid Dynamics, a digital transformation company, is well-positioned to capitalize on the growth in AI demand. While investors should not expect near-term alpha, I believe long-term gains are likely as trends in digital adoption compound and AI proliferates more widely. However, the company faces risks to its growth from larger players like Accenture and from regional macroeconomic challenges due to its concentration on U.S.-derived revenue.

Grid Dynamics Is Well-Positioned To Deliver AI Transformations

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) (Grid Dynamics), a leading provider of technology consulting, platform and product engineering, AI, and digital engagement services, today announces its acquisition of Mobile Computing S.A., a highly regarded software development services provider based in Buenos Aires, Argentina. This strategic acquisition enhances Grid Dynamics' delivery capabilities in the Americas and reinforces its commitment to providing engin.

Grid Dynamics Expands Capabilities in the Americas with Acquisition of Argentina-Based Mobile Computing, Strengthening Expertise in Manufacturing, CPG, and Financial Services

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics”), a leader in enterprise-level digital transformation services and solutions, today announced that it will host a video conference call at 4:30 p.m. ET on Thursday, October 31, 2024 to discuss its third quarter 2024 financial results. A press release containing these results will be available on our website prior to the call. A webcast of the video conference call may be accessed on the Investor Rel.

Grid Dynamics to Announce Third Quarter 2024 Financial Results on October 31st

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) (Grid Dynamics), a leading provider of technology consulting, platform and product engineering, AI, and digital engagement services, today announces its acquisition of JUXT, a UK-based provider of software engineering services specializing in data-intensive information systems for banking and other financial institutions, with a particular focus on risk platforms, structured notes, equity derivatives, and financial.

Grid Dynamics Expands Global Footprint with JUXT Acquisition, Strengthening Expertise in Banking and Financial Services

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN ) Q2 2024 Earnings Conference Call August 1, 2024 4:30 PM ET Company Participants Cary Savas - Director of Branding and Communications Leonard Livschitz - CEO Anil Doradla - CFO Conference Call Participants Maggie Nolan - William Blair Bryan Bergin - TD Cowen Mayank Tandon - Needham Puneet Jain - JPMorgan Cary Savas Good afternoon, everyone. Welcome to Grid Dynamics Second Quarter 2024 Earnings Conference Call.

Grid Dynamics Holdings, Inc. (GDYN) Q2 2024 Earnings Call Transcript

Grid Dynamics (GDYN) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.09 per share a year ago.

Grid Dynamics (GDYN) Q2 Earnings and Revenues Top Estimates

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics” or “Company”), a leader in enterprise-level digital transformation, today announced results for the second quarter ended June 30, 2024. We are very pleased to report the second quarter 2024 revenues of $83.0 million that was higher than our outlook range of $80.0 million to $82.0 million that we provided in May 2024. Our Retail and Technology, Media and Telecom (“TMT”) verticals were the two largest.

Grid Dynamics Reports Second Quarter 2024 Financial Results

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) (Grid Dynamics), a leading provider of technology consulting, platform and product engineering, AI, and advanced analytics services, today announces its Data Observability Starter Kit—an AI-powered solution designed to help businesses ensure data quality across their data transformation processes and data platforms. This is a vital capability in today's data-driven world because businesses operate with high-volumes.

Grid Dynamics Introduces AI-Powered Data Observability Starter Kit, Extending Its Analytics Platform Offering

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics”), a leader in enterprise-level digital transformation services and solutions, today announced that it will host a video conference call at 4:30 p.m. ET on Thursday, August 1, 2024 to discuss its second quarter 2024 financial results. A press release containing these results will be issued before the call. A webcast of the video conference call will be accessed on the Investor Relations section of th.

Grid Dynamics to Announce Second Quarter 2024 Financial Results on August 1st

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) (Grid Dynamics), a leading provider of technology consulting, platform and product engineering, AI, and advanced analytics services, unveils its AI for Developer Productivity Toolkit. This toolkit provides specialized applications for common software development scenarios including application modernization, functional test automation, and cloud deployment observability. These purpose-built tools enable development.

Grid Dynamics Releases a GenAI Toolkit to Enhance Developer Productivity

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) (Grid Dynamics), a leading provider of technology consulting, platform and product engineering, AI, and advanced analytics services, proudly announces that it has been awarded MACH Impact Awards for Best Retail Project and Best Overall Change Project at the MACH THREE conference, held in New York City on June 17-18, 2024. This annual conference of the MACH Alliance is home of the MACH Impact Awards, honoring MACH (M.

Grid Dynamics Wins Two MACH Impact Awards for Best Retail Project and Best Overall Change Project

UroGen Pharma

SAN FRANCISCO & BELLEVUE, Wash.--(BUSINESS WIRE)--Today, Uber's advertising division announced an exclusive partnership with T-Mobile Advertising Solutions and its rideshare media network – Octopus Interactive – which features the largest national network of interactive video screens inside rideshare vehicles. Through this partnership, Uber will leverage a portion of T-Mobile's rideshare inventory to expand Uber's JourneyTV offering to over 50,000 vehicles across the US this year, providing adv.

Uber Advertising Announces Exclusive Partnership with T-Mobile Advertising Solutions

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) (Grid Dynamics), a leading provider of technology consulting, platform and product engineering, AI, and advanced analytics services, announces the launch of its Composable Commerce Help Desk Starter Kit. This innovative starter kit, including a minimum viable product (MVP) deployable in 1-2 months, empowers businesses to deliver exceptional customer support experiences by efficiently managing customer profiles, proc.

Grid Dynamics Releases Composable Commerce Help Desk Starter Kit to Fill Market Gap in Customer Support

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) (Grid Dynamics), a leading provider of technology consulting, platform and product engineering, AI, and advanced analytics services, announced today that it has won the Most Innovative Project at the 2024 Contentstack Experience Awards (CXA). This accolade celebrates the joint effort of Grid Dynamics and ASICS Digital in overhauling a legacy content setup, marking a significant achievement in the field of digital co.

Grid Dynamics and ASICS Digital Win Most Innovative Project at the 2024 Contentstack Experience Awards (CXA)

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) (Grid Dynamics), a leading provider of technology consulting, platform and product engineering, AI, and advanced analytics services, today proudly announced it has achieved the prestigious Amazon Web Services (AWS) Machine Learning Competency. This newest designation validates Grid Dynamics' expertise in leveraging AWS technologies to drive innovation in data science and the commitment to deliver cutting-edge soluti.

Grid Dynamics Achieves the Amazon Web Services Machine Learning Competency

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN ) Q1 2024 Earnings Conference Call May 2, 2024 4:30 PM ET Company Participants Cary Savas - Director of Branding and Communications Leonard Livschitz - Chief Executive Officer and Director Anil Doradla - Chief Financial Officer Conference Call Participants Puneet Jain - JPMorgan Mayank Tandon - Needham Zachary Ajzenman - Cowen Josh Siegler - Cantor Fitzgerald Ryan Potter - Citigroup Maggie Nolan - William Blair Cary Savas Good afternoon, everyone. Welcome to Grid Dynamics' First Quarter 2024 Earnings Conference Call.

Grid Dynamics Holdings, Inc. (GDYN) Q1 2024 Earnings Call Transcript

Grid Dynamics (GDYN) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.08 per share a year ago.

Grid Dynamics (GDYN) Q1 Earnings Lag Estimates

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics” or “Company”), a leader in enterprise-level digital transformation, today announced results for the first quarter ended March 31, 2024. We are very pleased to report the first quarter 2024 revenues of $79.8 million that was higher than our outlook range of $77.0 million to $79.0 million that we provided in February 2024. Our Retail and Technology, Media and Telecom (“TMT”) verticals were the two lar.

Grid Dynamics Reports First Quarter 2024 Financial Results

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics”), a leader in enterprise-level digital transformation services and solutions, today announced that it will host a video conference call at 4:30 p.m. ET on Thursday, May 2, 2024 to discuss its first quarter 2024 financial results. A press release containing these results will be issued before the call. A webcast of the video conference call will be accessed on the Investor Relations section of the co.

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