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EPAM Systems, Inc. (NYSE: EPAM), a leading global provider of digital platform engineering and software development services, today announced results for its fourth quarter and full year ended December 31, 2019. The Company continues constant growth, providing highly relevant, adaptive services that help its customers succeed in an increasingly competitive and disruptive environment.
Fourth quarter revenues increased to $632.8 million, a year-over-year increase of $127.8 million, or 25.3%. Annual revenues increased to $2.29 billion, a year-over-year increase of $450.9 million, or 24.5%.
Total headcount was approximately 36,700 as of December 31, 2019, an increase of 21.7% from December 31, 2018. The Company expects revenue growth for 2020 to exceed 22%.