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Grid Dynamics Holdings Inc   (NASDAQ: GDYN)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 
Price: $21.0600 $0.41 1.985%
Day's High: $21.13 Week Perf: 2.83 %
Day's Low: $ 20.69 30 Day Perf: 7.67 %
Volume (M): 499 52 Wk High: $ 24.16
Volume (M$): $ 10,501 52 Wk Avg: $13.76
Open: $20.85 52 Wk Low: $9.07



 Market Capitalization (Millions $) 1,660
 Shares Outstanding (Millions) 79
 Employees 4,000
 Revenues (TTM) (Millions $) 326
 Net Income (TTM) (Millions $) 0
 Cash Flow (TTM) (Millions $) -18
 Capital Exp. (TTM) (Millions $) 11

Grid Dynamics Holdings Inc
Grid Dynamics is a rising star in Fortune 1000 enterprise-level digital transformations. Grid Dynamics works closely with enterprises that create innovative digital products and experiences to provide digital transformation initiatives that include strategy consulting, early prototype development, and enterprise-scale delivery of new digital platforms. Grid Dynamics has been at the forefront of digital transformation since its inception in 2006 in Menlo Park, California, as a grid and cloud consultancy firm. Working on big ideas like cloud migrations, DevOps, microservices, big data, and artificial intelligence ("AI") is our specialty. Grid Dynamics quickly established itself as the go-to provider for technology and digital enterprise firms.
As a leading global digital engineering and information technology ('IT') services provider with its headquarters in Silicon Valley and engineering centers in the United States, Mexico and multiple European countries, Grid Dynamics' core business is to deliver focused and complex technical consulting, software design, development, testing and internet service operations. Grid Dynamics also helps organizations become more agile and create innovative digital products and experiences through its deep expertise in emerging technology, such as AI, data science, cloud computing, big data and DevOps, lean software development practices and a high-performance product culture.
Grid Dynamics believes that the key to its success is a business culture that puts products over projects, client success over contract terms and real business results over pure technical innovation. By leveraging Grid Dynamics' proprietary processes optimized for innovation, emphasis on talent development and technical expertise, Grid Dynamics has been able to achieve significant growth. In December of 2020 and May of 2021 Grid Dynamics acquired Daxx Web Industries B.V. ('Daxx') and Tacit Knowledge Inc. ('Tacit'), respectively. These two acquisitions diversified our geographical presence, client base, and industry vertical presence.

Grid Dynamics has a strong presence in the digital technology sector, particularly among analytics, SaaS and platform vendors which are driven by a constant need for innovation. Grid Dynamics' long-lasting expertise in complex open-source technology and in building massively scalable distributed systems, the company-wide culture of agile co-creation as well as a deep understanding of digital commerce have enabled Grid Dynamics to build strong business relationships with the leading players in this sector. For example, Grid Dynamics has been providing software engineering, continuous delivery and deployment automation, machine learning, internal tool development and quality engineering services to one of the largest cloud services providers, becoming one of their key technological services partners.
Retail By utilizing Grid Dynamics' deep expertise in the digital retail space and providing a mix of consulting and engineering services, Grid Dynamics enables its clients to win market share, shorten time to market and reduce costs of digital operations. For example, Grid Dynamics has worked closely with a large U.S. retail company over a span of many years to develop a strategic omnichannel transformation program and became a key contributor to the development of a new omnichannel platform including consumer experience, product discovery, analytics and inventory optimization.


   Company Address: 5000 Executive Parkway San Ramon 94583 CA
   Company Phone Number: 523-5000   Stock Exchange / Ticker: NASDAQ GDYN


Customers Net Income fell by GDYN's Customers Net Profit Margin fell to

-4.62 %

16.31 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

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• View Complete Report
   



Business Update

Grid Dynamics Unveils Developer Portal to Elevate Software Development Experience Amid Robust Financial Growt...

Published Sun, Dec 29 2024 11:42 PM UTC

Streamlining Developer ExperienceIn a significant move aimed at improving the software development lifecycle (SDLC), Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) announced the launch of its groundbreaking developer portal. This innovative, self-service platform is designed to streamline the SDLC by offering a unified interface that allows developers to manage various softw...

Business Update

Grid Dynamics Launches New Commerce Kit Amid Mixed Financial Signals

Published Mon, Nov 25 2024 12:47 AM UTC

Grid Dynamics Holdings, Inc., a leading provider of technology consulting services, platform engineering, artificial intelligence, and digital engagement, has announced the launch of its Composable Commerce Starter Kit on Microsoft Azure. This new product aims to allow businesses to swiftly replace legacy systems with modern digital commerce capabilities. The announcement, m...

Business Update

Unlocking E-Commerce Potential Grid Dynamics Launches Composable Commerce Starter Kit on Azure

Published Sat, Nov 23 2024 2:48 AM UTC

In an era of rapid digital transformation, businesses across various sectors are continually seeking innovative solutions to enhance their operational efficiency and customer experience. To address this growing need, Grid Dynamics Holdings, Inc. (NASDAQ: GDYN), a leading provider of technology consulting services, platform engineering, artificial intelligence, and digital en...

Business Update

Grid Dynamics Composable Commerce Starter Kit A Catalyst for Growth Amidst a Competitive Landscape

Published Fri, Nov 22 2024 3:56 AM UTC

In a rapidly evolving digital commerce landscape, Grid Dynamics Holdings, Inc. has made a significant move towards enhancing its offerings with the launch of its Composable Commerce Starter Kit on Microsoft Azure. Announced from San Ramon, California, the new solution enables businesses to swiftly transition from outdated systems to modern digital commerce capabilities, posi...

Business Update

Grid Dynamics Boosts Digital Commerce with New Starter Kit, Paving the Way for Legacy System Transfor...

Published Thu, Nov 21 2024 4:47 PM UTC

Grid Dynamics Unveils Composable Commerce Starter Kit: A Strategic Leap in Digital Commerce SolutionsIn an era where digital commerce is the lifeblood of many businesses, Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) has taken a significant stride forward by introducing its Composable Commerce Starter Kit on Microsoft Azure. This innovation aims to provide businesses with a s...







Grid Dynamics Holdings Inc's Segments
Time-and-material    94.98 % of total Revenue
Fixed-fee    5.16 % of total Revenue
Other revenues    0.67 % of total Revenue
Retail    34.39 % of total Revenue
Technology Media and Telecom    27.89 % of total Revenue
Finance    16.32 % of total Revenue
CPG Manufacturing 1    11.31 % of total Revenue
Healthcare and Pharma    2.89 % of total Revenue
Other    9.24 % of total Revenue
North America    84.62 % of total Revenue
Europe    12.99 % of total Revenue
Related Party    6.46 % of total Revenue
United States    84.12 % of total Revenue
United Kingdom    4.67 % of total Revenue
Netherlands    2.78 % of total Revenue

  Grid Dynamics Holdings Inc Outlook

On November 1 2024 the Grid Dynamics Holdings Inc provided following guidance

nnGrid Dynamics Holdings Inc. Updates Financial Estimates for Q3 2024nn

Grid Dynamics Holdings Inc. has recently released its financial performance report for the third quarter of 2024, revealing robust results that surpassed previous projections. The company reported revenues amounting to $87.4 million for the quarter ending September 30, 2024, exceeding its earlier guidance that had anticipated revenues between $84.0 million and $86.0 million, as stated in August 2024.

nnSAN RAMON, Calif.nn ? Grid Dynamics Holdings, Inc. (Nasdaq: GDYN), a prominent player in the realm of enterprise-level digital transformation, is pleased to announce its third-quarter financial results, highlighting a str...





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