Is EPAM Systems (EPAM) Undervalued Following Its Global Delivery Shift And Earnings Softness?

Recent commentary on EPAM Systems (EPAM) has focused on its move away from historic engineering hubs in Eastern Europe toward a broader global delivery footprint, along with reported earnings softness in North America and software operations. The recent shift in EPAM Systems’ delivery footprint and the reported earnings softness in North America are landing in a mixed market backdrop. The 1-day share price return of 4.25% and 90-day share price return of 42.77% contrast with a year-to-date...