EPAM slides after cutting annual revenue growth forecast
EPAM•EPAM cuts outlook and shares fall
Software provider EPAM Systems' EPAM.N shares fall 13.5% to $95.19 premarket
Co now expects annual revenue growth rate to be 3.2%-4.2%, down from previous range of 4.0%-6.5%
Forecasts Q3 rev between $1.41 bln and $1.43 bln, below analysts' avg. estimate of $1.45 bln - data compiled by LSEG
Sees Q3 adj. EPS between $3.38 and $3.46, midpoint below ests of $3.44
Up to last close, stock down 46.4% YTD
