Stock Data
$0.31 (4.04%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
TECHNOLOGY
Industry
INFORMATION TECHNOLOGY SERVICES
Grid Dynamics Holdings Inc, based in San Ramon, California, specializes in technology consulting and engineering services across the globe. They focus on creating scalable, secure cloud-based platforms and business applications, leveraging AI/machine learning for data analysis and platform engineering. Additionally, they offer digital engagement services aimed at transforming traditional operations into smart, connected ecosystems. Serving a diverse range of industries including tech, media, retail, and finance, Grid Dynamics is known for its expertise in cloud technology, AI, and digital transformation.
Grid Dynamics' AI engine crossed a major inflection point with AI-related revenue hitting 30% of total sales and growing over 50% year-over-year as enterprise customers move workloads from pilots to production. The company beat EPS by 4% and revenue by 1.5%, with the Technology, Media and Telecom vertical surging 36% year-over-year.
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