[UPDATE] EPAM Q3 beats, raises full-year EPS outlook and buyback; AI-native revenue reported above $185M
EPAM's Q3 release (SEC 8-K) shows revenue of $1.426B, up 2.3%. It sets full-year non-GAAP EPS guidance at $13.23–$13.31, adds $1.5B to buyback authorization for a $1.8B program, and plans a $500M accelerated repurchase. Investing.com reported adjusted EPS of $3.51 against a $3.40 consensus, AI-native revenue above $185M with a full-year target of at least $650M, and a pre-market gain of about 13.6%. The print is an observed counterpoint to the AI-displacement narrative in IT services. Q4 guidance implies roughly flat year-over-year revenue.