Grid Dynamics Holdings Inc Q1 2024 Earnings Call Transcript - Thomson StreetEvents

Grid Dynamics Holdings Inc Q1 2024 Earnings Call Transcript

Grid Dynamics Holdings Inc Q1 2024 Earnings Call Transcript - Thomson StreetEvents
Grid Dynamics Holdings Inc Q1 2024 Earnings Call Transcript
Published May 02, 2024
15 pages (9416 words) — Published May 02, 2024
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of GDYN.OQ earnings conference call or presentation 2-May-24 8:30pm GMT

  
Brief Excerpt:

...Good afternoon, everyone. Welcome to Grid Dynamics' First Quarter 2024 Earnings Conference Call. I'm Cary Savas, Director of Branding and Communications. At this time, our participants are in listen-only mode. Joining us on the call today are CEO, Leonard Livschitz; and CFO, Anil Doradla. Following their prepared remarks, we will open the call to your questions. Please note that today's conference is being recorded. Before we begin, I would like to remind everyone that today's discussion will contain forward-looking statements. This includes our business and a financial outlook, and the answers to some of your questions. Such statements are subject to the risks and uncertainty as described in the company's earnings release and other filings with the SEC. During this call, we will discuss certain non-GAAP measures of our performance. GAAP to non-GAAP financial reconciliations and supplemental financial information are provided in the earnings press release and the 8-K filed with the SEC....

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Grid Dynamics Holdings Inc
Ticker
GDYN.OQ
Time
8:30pm GMT
Format:
PDF Adobe Acrobat
Buy Now

The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Puneet Jain - JPMorgan Chase & Co. - Analyst : Hi, thanks for taking my question. And a really nice set of results here. So let me ask what drove the upside relative to the guidance you grew sequentially in first quarter, and then expect growth in the second quarter as well? What drove those positive trends given many data points such as the continued sluggishness in the spending environment in this industry?

Question: Puneet Jain - JPMorgan Chase & Co. - Analyst : Yes. No, it's great. Like it's just -- like I was just curious because the upside or the positive trend seemed different from many other companies that have reported in this results. Let me ask longer term, like so beyond this years, we get a lot of questions from investors about AI headwinds, like that AI creates opportunities to be more productive in coding efforts. How should we think about new normal growth for the sector given increasing AI adoption?

Question: Puneet Jain - JPMorgan Chase & Co. - Analyst : Thank you.

Table Of Contents

Grid Dynamics Holdings Inc Q1 2025 Earnings Call Transcript – 2025-05-01 – US$ 54.00 – Edited Transcript of GDYN.OQ earnings conference call or presentation 1-May-25 8:30pm GMT

Grid Dynamics Holdings Inc Q4 2024 Earnings Call Transcript – 2025-02-20 – US$ 54.00 – Edited Transcript of GDYN.OQ earnings conference call or presentation 20-Feb-25 9:30pm GMT

Grid Dynamics Holdings Inc Annual Shareholders Meeting Transcript – 2024-12-23 – US$ 54.00 – Edited Transcript of GDYN.OQ shareholder or annual meeting 23-Dec-24 3:30pm GMT

Grid Dynamics Holdings Inc Q3 2024 Earnings Call Transcript – 2024-10-31 – US$ 54.00 – Edited Transcript of GDYN.OQ earnings conference call or presentation 31-Oct-24 8:30pm GMT

Grid Dynamics Holdings Inc Q2 2024 Earnings Call Transcript – 2024-08-01 – US$ 54.00 – Edited Transcript of GDYN.OQ earnings conference call or presentation 1-Aug-24 8:30pm GMT

Grid Dynamics Holdings Inc Q4 2023 Earnings Call Transcript – 2024-02-22 – US$ 54.00 – Edited Transcript of GDYN.OQ earnings conference call or presentation 22-Feb-24 9:30pm GMT

Grid Dynamics Holdings Inc Q3 2023 Earnings Call Transcript – 2023-11-02 – US$ 54.00 – Edited Transcript of GDYN.OQ earnings conference call or presentation 2-Nov-23 8:30pm GMT

Grid Dynamics Holdings Inc Q2 2023 Earnings Call Transcript – 2023-08-03 – US$ 54.00 – Edited Transcript of GDYN.OQ earnings conference call or presentation 3-Aug-23 8:30pm GMT

Grid Dynamics Holdings Inc Q1 2023 Earnings Call Transcript – 2023-05-04 – US$ 54.00 – Edited Transcript of GDYN.OQ earnings conference call or presentation 4-May-23 8:30pm GMT

Grid Dynamics Holdings Inc Q4 2022 Earnings Call Transcript – 2023-02-23 – US$ 54.00 – Edited Transcript of GDYN.OQ earnings conference call or presentation 23-Feb-23 9:30pm GMT

More from Thomson StreetEvents

Thomson StreetEvents—Thomson StreetEvents is a leading provider of Web-based solutions for the investment community, offering services that transform the way companies communicate and meet disclosure requirements while assisting investors in managing and leveraging this information. Thomson StreetEvents service offers institutional investors a one-stop solution for managing corporate disclosure information by aggregating conference calls, webcasts, transcripts, call summaries, and other financial information into a time-saving, efficiency tool.
Purchase Thomson StreetEvents' Transcripts (verbatim reports) and Briefs (call summaries) of earnings, guidance, M&A and other corporate calls directly through Alacra. Discounted prices apply to reports produced over two weeks ago.

About the Author


Cite this Report

  
MLA:
Thomson StreetEvents. "Grid Dynamics Holdings Inc Q1 2024 Earnings Call Transcript" May 02, 2024. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2024-Grid-Dynamics-Holdings-Inc-Earnings-Call-T15955517>
  
APA:
Thomson StreetEvents. (2024). Grid Dynamics Holdings Inc Q1 2024 Earnings Call Transcript May 02, 2024. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2024-Grid-Dynamics-Holdings-Inc-Earnings-Call-T15955517>
  
US$ 54.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.