Grid Dynamics Holdings Inc

News & Events zu Grid Dynamics Holdings Inc (GDYN)

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GDYN-News

GDYN-Events

7/30 16:30

Grid Dynamics Maintains FY26 Revenue View of $435M-$465M

Grid Dynamics backs FY26 revenue view $435M-$465M, consensus $438.86M

7/30 16:30

Sees Q3 Adjusted EBITDA of $16.5M-$17.5M

Sees Q3 adjusted EBITDA $16.5M-$17.5M.

7/30 16:30

Q2 Revenue Reaches $108.2M, Exceeds Expectations

Reports Q2 revenue $108.2M, consensus $106.58M. "We delivered another solid quarter. Revenue came in above the high end of our guidance range. AI revenue crossed 30% of total company revenue for the first time and grew over 50% year-over-year for a second consecutive quarter. Our AI-based GAIN platforms are winning wider enterprise adoption as clients transition enterprise AI workloads from pilots to production. Our top accounts continue to drive our growth. Several of them delivered double-digit quarter-over-quarter growth. Additionally, Technology and Financial services verticals now define our most strategic customer relationships. These are precisely the sectors where AI adoption is moving the fastest and where our capabilities are the most differentiated. We also strengthened our Physical AI capabilities with the addition of Ekumen, giving us end-to-end depth from robotics software through enterprise-scale deployment. Margin expansion continues to be a top priority. Productivity gains from AI-Native Delivery are showing up in our results. So is disciplined cost-control execution. Our second quarter performance, and our third quarter outlook, confirm we are on track to deliver our 300 basis point margin commitment," said Leonard Livschitz, Chief Executive Officer.

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