GDYN Q1 2024 Earnings — Grid Dynamics Holdings, Inc. Revenue & Financial Results | Market Cap Arena

GDYNGrid Dynamics Holdings, Inc.

$523M

Q1 2024 Earnings

Technology Information Technology Services

Income Statement

Revenue

$80M-0.3% YoY

Gross Profit

$28M34.7% margin

Operating Income

-$6M-6.9% margin

Net Income

-$4M-4.9% margin

EPS (Diluted)

$-0.05

QoQ Revenue Growth

+2.2%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$43,000

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$435M

Total Liabilities

$52M

Stockholders' Equity

$383M

Cash & Equivalents

$249M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$80M	$80M	-0.3%
Gross Profit	$28M	$29M	-3.2%
Operating Income	-$6M	-$6M	+7.5%
Net Income	-$4M	-$8M	+50.5%

Revenue Segments

Retail

$25M31%

Technology, Media, And Telecom

$24M30%

Financial Service

$10M13%

Manufactured Product, Other

$10M12%

Product and Service, Other

$8M10%

Health Care

$3M4%

Geographic Segments

UNITED STATES

$64M85%

Other Countries Not Separately Disclosed

$8M11%

NETHERLANDS

$3M3%