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< epam > EPAM Reports Strong Results for Second Quarter 2021 and Raises Full Year Outlook ● ● ● Second quarter revenues of $ 881.4 million , up 39.4 % year - over - year GAAP Income from Operations was 14.2 % of revenues and Non - GAAP Income from Operations was 17.6 % of revenues for the second quarter Second quarter GAAP diluted EPS of $ 1.94 , an increase of 70.2 % , and Non - GAAP diluted EPS of $ 2.05 , an increase of 40.4 % on a year - over - year basis EPAM raises full year 2021 outlook and now expects revenue growth to be at least 37 % , GAAP diluted EPS to be in the range of $ 7.70 to $ 7.89 and Non - GAAP diluted EPS to be in the range of $ 8.25 to $ 8.44 Newtown , PA - August 5 , 2021 - EPAM Systems , Inc. ( NYSE : EPAM ) , a leading global provider of digital platform engineering and software development services , today announced results for its second quarter ended June 30 , 2021 . " Our strong second quarter results demonstrated EPAM's ability to quickly adapt to the changing market conditions , accelerating the rate at which we solve our clients ' most complex digital transformation and technology modernization challenges , " said Arkadiy Dobkin , CEO & President , EPAM . " To continue doing that , we plan to further expand our capabilities and our global talent footprint - deepening our customer relationships and diversifying our solutions portfolio - to deliver value for our clients and ourselves . "