GDYN Q3 2023 Earnings — Grid Dynamics Holdings, Inc. Revenue & Financial Results | Market Cap Arena

GDYNGrid Dynamics Holdings, Inc.

$523M

Q3 2023 Earnings

Technology Information Technology Services

Income Statement

Revenue

$77M-4.6% YoY

Gross Profit

$28M36.4% margin

Operating Income

$143,0000.2% margin

Net Income

$676,0000.9% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+0.1%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$9M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$436M

Total Liabilities

$63M

Stockholders' Equity

$373M

Cash & Equivalents

$254M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$77M	$81M	-4.6%
Gross Profit	$28M	$33M	-13.8%
Operating Income	$143,000	-$5M	+103.0%
Net Income	$676,000	-$7M	+110.2%

Revenue Segments

Retail

$27M34%

Technology, Media, And Telecom

$24M31%

Product and Service, Other

$10M13%

Manufactured Product, Other

$10M12%

Financial Service

$7M9%

Geographic Segments

North America

$63M82%

Europe

$14M18%