Grid Dynamics(GDYN) - 2024 Q2 - Quarterly Results

Exhibit 99.1 Grid Dynamics Reports Second Quarter 2024 Financial Results Record revenue of $83.0 million and GAAP Net Loss of$0.8 million San Ramon, Calif. August 1, 2024 – Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) ("Grid Dynamics" or "Company"), a leader in enterprise-level digital transformation, today announced results for the second quarter ended June 30, 2024. We are very pleased to report the second quarter 2024 revenues of $83.0 million that was higher than our outlook range of$80.0 million to $8 ...