🟢 EPAM Systems is trading 4.17% up in pre-market after mixed second-quarter earnings and reduced guidance

EPAM Systems is trading 4.17% up at $96.95 after reporting second-quarter revenue of $1.415 billion and non-GAAP diluted EPS of $3.38.

• Revenue increased 4.5% year over year.
• Full-year revenue-growth guidance was reduced to 3.2%–4.2% from 4.0%–6.5%; third-quarter guidance implied 1.7% midpoint growth.
• The pre-market gain appears to be a rebound after the prior session’s sharp selloff, rather than a cleanly bullish earnings reaction.