Eastern European outsourcing firm EPAM Systems (EPAM +12.8%) skyrockets after reporting Q4...

|About: EPAM Systems (EPAM)|By:, SA News Editor

Eastern European outsourcing firm EPAM Systems (EPAM +12.8%) skyrockets after reporting Q4 revenue of $95.1M (+34% Y/Y) and EPS of $0.30, beating consensus by $5.8M and $0.02. EPAM is also guiding for Q1 revenue of $92M-$94M and EPS of $0.28-$0.30 (consensus is for $91.6M and $0.22), and 2012 revenue of $411M-$418M (consensus is for $408.6M). EPAM went public last month, and received favorable coverage last week.