[REVISION HISTORY]
US tech earnings reports
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2026-08-07 19:02 UTC → 2026-08-07 21:14 UTC ·
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In early August 2026, two U.S. technology companies released quarterly earnings that both beat analyst expectations but led to divergent outlooks and market reactions. EPAM Systems posted a Q2 net income of $102.98 million, up from the prior year, and raised its adjusted EPS, yet it trimmed its full‑year revenue growth forecast to 3.2%‑4.2% and lowered FY EPS guidance. The company also disclosed adjusted net income of $176.81 million, adjusted EPS of $3.38, revenue of $1.41 billion and operating income of $152.2 million. For the upcoming quarter EPAM projected revenue of $1.410‑$1.425 billion and EPS of $2.33‑$2.41, while its full‑year EPS and adjusted EPS guidance were further reduced. EPAM shares slipped about 4.8% in pre‑market trading. Axon Enterprise reported a 35% year‑over‑year revenue increase to $904 million and lifted its full‑year revenue growth target to 32%‑34%, but its gross margin slipped and its shares fell more than 6% after hours. Both firms highlighted stronger earnings performance while adjusting future guidance, illustrating varied investor responses within the same earnings season.
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