Latest news with #GridDynamics
Business Wire
2 days ago
- Business
- Business Wire
Grid Dynamics Releases Intralogistics Optimization Starter Kit for NVIDIA Omniverse
SAN RAMON, Calif.--(BUSINESS WIRE)-- Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (Grid Dynamics), a leading provider of technology consulting, platform and product engineering, AI, and digital engagement services, today announced the launch of its Intralogistics Optimization Starter Kit for NVIDIA Omniverse. This advanced solution enables retailers, manufacturers, and logistics companies to improve warehouse efficiency, reduce labor costs, and avoid the risks and expenses associated with real-world trial-and-error changes. The solution enables intralogistics operators to rapidly create digital twins of warehouses, distribution centers, and production facilities. It facilitates what-if analyses of potential layouts and picking paths under various workload scenarios, automates inventory placement optimization, and enables safe performance assessments before implementing physical changes. The Intralogistics Optimization Starter Kit combines the powerful simulation capabilities of NVIDIA Omniverse with advanced optimization components developed by Grid Dynamics. The resulting simulation-ready digital twin integrates a facility's physical layout, historical order patterns, and inventory picking mechanisms—enabling precise scenario testing under both typical and extreme workloads. The optimization components automate the search for ideal inventory placements and picking paths. These two processes work in tandem and iterate to achieve optimal operational configurations—all without the risks and costs of real-world experimentation. "Our clients see tremendous value in building digital twins for scenario simulation and optimization. To meet this demand, we are expanding our portfolio of supply chain and smart manufacturing solutions with starter kits for NVIDIA Omniverse and developing metric-driven methodologies for process improvement using this technology," said Ilya Katsov, CTO, Americas at Grid Dynamics. "We already work with a number of clients on intralogistics use cases such as facility layout optimization and robotic assembly simulation leveraging our Omniverse starter kit and observe positive business outcomes in terms of process visibility, simplicity of what-if analysis, and other aspects." Supporting the Innovation pillar of Grid Dynamics' GigaCube growth strategy, the Intralogistics Optimization Starter Kit extends the Grid Dynamics' supply chain and logistics accelerators to deliver transformative AI projects to manufacturing clients. Visit this page to learn more about the Intralogistics Optimization Starter Kit from Grid Dynamics. About Grid Dynamics Grid Dynamics (Nasdaq: GDYN) is a leading provider of technology consulting, platform and product engineering, AI, and digital engagement services. Fusing technical vision with business acumen, we solve the most pressing technical challenges and enable positive business outcomes for enterprise companies undergoing business transformation. A key differentiator for Grid Dynamics is our 8 years of experience and leadership in enterprise AI, supported by profound expertise and ongoing investment in data and ML platform engineering, cloud platform and product engineering, IoT and edge computing, and digital engagement services. Founded in 2006, Grid Dynamics is headquartered in Silicon Valley with offices across the Americas, Europe, and India. Follow us on LinkedIn. Forward-Looking Statements This communication contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are not historical facts, and involve risks and uncertainties that could cause actual results of Grid Dynamics to differ materially from those expected and projected. These forward-looking statements can be identified by the use of forward-looking terminology, including the words 'believes,' 'estimates,' 'anticipates,' 'expects,' 'intends,' 'plans,' 'may,' 'will,' 'potential,' 'projects,' 'predicts,' 'continue,' or 'should,' or, in each case, their negative or other variations or comparable terminology. These forward-looking statements include, without limitation, quotations and statements regarding the expected benefits of our capabilities and our company's future growth including with customers, the Intralogistics Optimization Starter Kit, and GigaCube strategy. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside Grid Dynamics' control and are difficult to predict. Factors that may cause such differences include, but are not limited to our ability to achieve its expected benefits, as well as any factors limiting our capabilities, the benefits of our services and products, and our company's growth strategy. Grid Dynamics cautions that the foregoing list of factors is not exclusive. Grid Dynamics cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Grid Dynamics does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based. Further information about factors that could materially affect Grid Dynamics, including its results of operations and financial condition, is set forth under the 'Risk Factors' section of Grid Dynamics' annual report on Form 10-K filed February 27, 2025, and in other periodic filings Grid Dynamics makes with the SEC.
Yahoo
26-05-2025
- Business
- Yahoo
2 Cash-Heavy Stocks to Consider Right Now and 1 to Avoid
A cash-heavy balance sheet is often a sign of strength, but not always. Some companies avoid debt because they have weak business models, limited expansion opportunities, or inconsistent cash flow. Financial flexibility is valuable, but it's not everything - at StockStory, we help you find the stocks that can not only survive but also outperform. That said, here are two companies with net cash positions that can leverage their balance sheets to grow and one best left off your watchlist. Net Cash Position: $314 million (28.9% of Market Cap) With engineering centers across the Americas, Europe, and India serving Fortune 1000 companies, Grid Dynamics (NASDAQ:GDYN) provides technology consulting, engineering, and analytics services to help large enterprises modernize their technology systems and business processes. Why Does GDYN Fall Short? Modest revenue base of $371.2 million gives it less fixed cost leverage and fewer distribution channels than larger companies Incremental sales over the last two years were much less profitable as its earnings per share fell by 8.5% annually while its revenue grew Negative returns on capital show management lost money while trying to expand the business Grid Dynamics's stock price of $12.91 implies a valuation ratio of 32.6x forward P/E. Check out our free in-depth research report to learn more about why GDYN doesn't pass our bar. Net Cash Position: $1.04 billion (15.4% of Market Cap) Founded by Logan Green and John Zimmer as a long-distance intercity carpooling company Zimride, Lyft (NASDAQ: LYFT) operates a ridesharing network in the US and Canada. Why Are We Positive On LYFT? Has the opportunity to boost monetization through new features and premium offerings as its active riders have grown by 10.1% annually over the last two years Incremental sales significantly boosted profitability as its annual earnings per share growth of 72.9% over the last three years outstripped its revenue performance Free cash flow margin increased by 23.3 percentage points over the last few years, giving the company more capital to invest or return to shareholders At $16.10 per share, Lyft trades at 13.3x forward EV/EBITDA. Is now the time to initiate a position? See for yourself in our comprehensive research report, it's free. Net Cash Position: $253.3 million (12.2% of Market Cap) Formed through the 2013 merger of Elance and oDesk, Upwork (NASDAQ:UPWK) is an online platform where businesses and independent professionals connect to get work done. Why Do We Like UPWK? Monetization efforts are paying off as its average revenue per customer has grown by 8.3% annually over the last two years Performance over the past three years shows its incremental sales were extremely profitable, as its annual earnings per share growth of 395% outpaced its revenue gains Free cash flow margin jumped by 27 percentage points over the last few years, giving the company more resources to pursue growth initiatives, repurchase shares, or pay dividends Upwork is trading at $15.75 per share, or 11.8x forward EV/EBITDA. Is now a good time to buy? Find out in our full research report, it's free. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
GDYN Q1 Earnings Call: AI Services, Acquisitions, and Diversification Drive Grid Dynamics
Digital transformation consultancy Grid Dynamics (NASDAQ:GDYN) beat Wall Street's revenue expectations in Q1 CY2025, with sales up 25.8% year on year to $100.4 million. The company expects next quarter's revenue to be around $101 million, close to analysts' estimates. Its non-GAAP profit of $0.11 per share was 28.7% above analysts' consensus estimates. Is now the time to buy GDYN? Find out in our full research report (it's free). Revenue: $100.4 million vs analyst estimates of $98.44 million (25.8% year-on-year growth, 2% beat) Adjusted EPS: $0.11 vs analyst estimates of $0.09 (28.7% beat) Adjusted EBITDA: $14.61 million vs analyst estimates of $13.02 million (14.5% margin, 12.2% beat) The company reconfirmed its revenue guidance for the full year of $425 million at the midpoint EBITDA guidance for Q2 CY2025 is $13 million at the midpoint, below analyst estimates of $14.64 million Operating Margin: -2%, up from -6.9% in the same quarter last year Free Cash Flow Margin: 6%, up from 0.1% in the same quarter last year Market Capitalization: $1.21 billion Grid Dynamics delivered revenue and non-GAAP profit results that surpassed Wall Street expectations in Q1, with growth propelled by ongoing demand for digital transformation services and expansion into new verticals. Management attributed the strong performance to a record billable engineering headcount, successful execution of recent acquisitions, and increased traction for AI-driven solutions across key industry sectors such as financial services, retail, and manufacturing. CEO Leonard Livschitz remarked, 'Our performance was largely driven by customer-specific trends, particularly the ramp-up of new deals in automotive, financial, and consumer packaged goods.' Looking ahead, management reconfirmed its full-year revenue guidance at the midpoint, citing a robust pipeline of contracts in execution and anticipated ramp-up in the second half of the year. However, CFO Anil Doradla acknowledged that EBITDA guidance for the coming quarter implies some margin compression, reflecting ongoing investments in AI capabilities and talent expansion. Livschitz noted, "The confidence is there, but ultimately, we're not reading on the coffee grounds…it's based on what the world is and where we are," highlighting a measured approach in the face of ongoing macroeconomic uncertainty. Management's remarks centered on the operational and strategic developments supporting Grid Dynamics' top-line momentum and evolving business mix. The company's focus on AI-driven engagements, acquisition integration, and geographic expansion were highlighted as key contributors to near-term results and long-term positioning. AI Solutions Expansion: Grid Dynamics continued to shift from proof-of-concept projects to enterprise-scale AI implementations. The company highlighted Agentic AI platforms and AI-based search solutions that are creating new entry points with clients and expanding existing relationships. Acquisition Integration: Recent acquisitions in Argentina (Mobile Computing) and the UK (JUXT) accelerated vertical diversification and client penetration, especially in financial services. Management reported that synergies and cross-selling opportunities from these deals are materializing quicker than previous integrations. Geographic and Delivery Expansion: The company's expansion in India has established the region as a hub for advanced AI and cloud engineering. India's upskilled workforce now plays a central role in delivering multi-agent and multi-modal engineering solutions for enterprise clients. Partner Ecosystem Impact: Partnership-influenced revenue grew to 16% of the total, with management highlighting growing collaboration with hyperscalers like Google and Microsoft. Participation in events such as Google Next is expected to further build the company's pipeline. Vertical Diversification: Financial services became the second-largest revenue vertical. Grid Dynamics is also seeing traction in manufacturing, insurance, and healthcare, broadening its client base and reducing reliance on any single industry segment. Management's outlook for the remainder of the year is shaped by expectations of continued demand for AI-enabled digital transformation, expansion into new verticals, and ongoing investments in talent and technology—even as the company remains cautious about macroeconomic headwinds. AI and Platform Engineering Demand: The company expects client interest in enterprise-scale AI, especially Agentic AI and AI-powered productivity tools, to drive new bookings and deepen existing relationships. Acquisition Synergy Realization: Recently acquired businesses are forecast to contribute incrementally to revenue and enable entry into new client segments, particularly in financial services and manufacturing. Margin Pressures and Investment: Management anticipates margin pressure in the near term due to increased spending on AI training, engineering talent, and investments in delivery centers, but expects margin expansion over time as revenues scale and operational efficiencies are realized. Bryan Bergin (TD Cowen): Asked about the pace of client decision-making and project deferrals. Management emphasized stable client behavior and ongoing execution of long-term projects, stating most work is part of multi-year programs. Puneet Jain (JPMorgan): Inquired about shifts in client priorities within the retail and TMT verticals. CEO Livschitz responded that most clients are not shifting to cost-cutting, and exposure to China remains minimal. Puneet Jain (JPMorgan): Probed the rationale behind the expected second-half growth ramp. Management explained that seasonal working day increases and ramp-up of new deals provide visibility, with both new and existing accounts expected to contribute. Mayank Tandon (Needham): Asked about traction with new logos and verticals. Management indicated minimal near-term financial impact from new clients but noted strong contributions from accounts acquired in the previous year. Maggie Nolan (William Blair): Sought clarity on the structure of Agentic AI solutions and associated pricing models. Management described a shift from fixed-bid projects to longer-term fixed-capacity engagements as AI solutions become more integral to client operations. In the coming quarters, the StockStory team will monitor (1) the ramp-up of enterprise-scale AI deals, particularly the impact of Agentic AI platforms on client engagement and revenue, (2) the realization of revenue synergies and talent integration from recent acquisitions in the UK and Argentina, and (3) the scaling of Grid Dynamics' India operations as a delivery hub for advanced engineering. We will also watch for sustained diversification of the client base across new industry verticals. Grid Dynamics currently trades at a forward P/E ratio of 36.5×. In the wake of earnings, is it a buy or sell? See for yourself in our free research report. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
- Yahoo
DXC Earnings: What To Look For From DXC
IT services provider DXC Technology (NYSE:DXC) will be announcing earnings results tomorrow afternoon. Here's what you need to know. DXC missed analysts' revenue expectations by 0.9% last quarter, reporting revenues of $3.23 billion, down 5.1% year on year. It was a strong quarter for the company, with an impressive beat of analysts' EPS estimates and a solid beat of analysts' full-year EPS guidance estimates. Is DXC a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting DXC's revenue to decline 7.3% year on year to $3.14 billion, a further deceleration from the 5.7% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.77 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. DXC has missed Wall Street's revenue estimates four times over the last two years. Looking at DXC's peers in the it services & consulting segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Grid Dynamics delivered year-on-year revenue growth of 25.8%, beating analysts' expectations by 2%, and IBM reported flat revenue, topping estimates by 1%. Grid Dynamics traded down 3.1% following the results while IBM was also down 6.5%. Read our full analysis of Grid Dynamics's results here and IBM's results here. There has been positive sentiment among investors in the it services & consulting segment, with share prices up 12.6% on average over the last month. DXC is up 14% during the same time and is heading into earnings with an average analyst price target of $21.33 (compared to the current share price of $16.77). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
Yahoo
06-05-2025
- Business
- Yahoo
Kyndryl (KD) Reports Earnings Tomorrow: What To Expect
IT infrastructure services provider Kyndryl (NYSE:KD) will be reporting earnings tomorrow afternoon. Here's what you need to know. Kyndryl missed analysts' revenue expectations by 2% last quarter, reporting revenues of $3.74 billion, down 4.9% year on year. It was a very strong quarter for the company, with an impressive beat of analysts' EPS estimates and revenue guidance for next quarter exceeding analysts' expectations. Is Kyndryl a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Kyndryl's revenue to decline 2.1% year on year to $3.77 billion, improving from the 9.5% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.51 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Kyndryl has missed Wall Street's revenue estimates twice over the last two years. Looking at Kyndryl's peers in the it services & consulting segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Grid Dynamics delivered year-on-year revenue growth of 25.8%, beating analysts' expectations by 2%, and IBM reported flat revenue, topping estimates by 1%. Grid Dynamics traded down 3.1% following the results while IBM was also down 6.5%. Read our full analysis of Grid Dynamics's results here and IBM's results here. There has been positive sentiment among investors in the it services & consulting segment, with share prices up 11.2% on average over the last month. Kyndryl is up 19% during the same time and is heading into earnings with an average analyst price target of $43.15 (compared to the current share price of $33.60). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
