Grid Dynamics(GDYN) - 2024 Q3 - Quarterly Results

Exhibit 99.1 Grid Dynamics Reports Third Quarter 2024 Financial Results Record Revenues of $87.4 million and GAAP Net Income of$4.3 million San Ramon, Calif. October 31, 2024 – Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) ("Grid Dynamics" or the "Company"), a leader in enterprise-level digital transformation, today announced results for the third quarter ended September 30, 2024. We are very pleased to report third quarter 2024 revenues of $87.4 million that was higher than our outlook range of$84.0 millio ...