Five Year Anniversary of EPAM IPO
Wednesday, February 8, 2017, marked the five year anniversary of the listing of EPAM Systems, Inc. on the New York Stock Exchange (NYSE: EPAM). To celebrate the occasion, Drew Guff, Managing Director and Founding Partner of Siguler Guff, and Arkadiy Dobkin, President & CEO of EPAM, visited the New York Stock Exchange and rang the closing bell.
Since initial investment in 2006, EPAM has grown from approximately 1,300 employees to over 13,000, signed significant contracts with leading global banks for product development, and made successful acquisitions. The company’s revenues during this decade increased from approximately $50 million to over $1.2 billion. In February 2012, EPAM successfully listed on the NYSE at $12 per share. At the close on Wednesday, EPAM was trading at $65 per share.
Photo Credit: NYSE