By TradingView
Publication Date: 2026-10-30 18:20:00
What happened?
Shares of digital transformation consultancy Grid Dynamics 
GDYN jumped 24.5% in the morning session after the company reported record third-quarter 2026 financial results and issued fourth-quarter revenue guidance between $113.5 million and $115.5 million.
According to a company press release, Grid Dynamics delivered third-quarter revenue of $114.3 million, up 9.7% year over year, and adjusted earnings of $0.18 per share, up from $0.09 in the prior-year quarter. Both metrics comfortably beat Wall Street expectations, with revenue topping analyst estimates of $112.7 million and adjusted profit exceeding the $0.13 per share consensus. Adjusted EBITDA reached $22.9 million, surpassing expectations of $16.81 million, while operating margin expanded to 8%, up from negative 0.2% a year ago. The company expected fourth-quarter non-GAAP EBITDA between $20.0 million and $22.0 million. At the midpoints, both revenue guidance of $114.5 million and EBITDA guidance of $21.0…
