EPAM Systems, Inc. (EPAM) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and thank you for joining us today on our first quarter 2025 earnings announcement. As the operator just mentioned, I'm Mike Rochandle, head of investor relations. We hope you've had an opportunity to review the two news releases we shared earlier today. If you have not, copies are available on epam.com in the investor section. With me on today's call are Akadi Dopkin, CEO and president, and Jason Peterson, chief financial officer. I would like to remind those listening that some of the comments made on today's call may contain forward-looking statements. These statements are subject to risk and uncertainties as described in the company's earnings release and SEC filings. Additionally, all references to reported results that are non-GAAP measures have been reconciled to the comparable GAAP measures and are available in our quarterly earnings materials located in the investor section of our website. With that said, I will now turn the call over to Arc. Thank you, Mike. Good morning, everyone. Thank you for joining us today. As you may have seen in our additional press release this quarter, we have one more update to share today that goes beyond our usual business performance. Alongside our strong Q1 results, despite a tough macro environment, we also announced our planned leadership succession. So before we get into the details of our performance and growth momentum, I want to take a moment to share a few thoughts on my planned transition from CEO role. After 32 years since starting EPAM and serving as the chairman, CEO, and president, I decided to transition into the role of executive chairman. This move has been thoughtfully planned over the past several years, and I believe that the right moment is now, both for me personally and for the fut...