Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Grid Dynamics (NASDAQ:GDYN): Strongest Q4 Results from the IT Services & Consulting Group

GDYN Cover Image

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at it services & consulting stocks, starting with Grid Dynamics (NASDAQ: GDYN).

IT Services & Consulting companies stand to benefit from increasing enterprise demand for digital transformation, AI-driven automation, and cybersecurity resilience. Many enterprises can't attack these topics alone and need IT services and consulting on everything from technical advice to implementation. Challenges in meeting these needs will include finding talent in specialized and evolving IT fields. While AI and automation can enhance productivity, they also threaten to commoditize certain consulting functions. Another ongoing challenge will be pricing pressures from offshore IT service providers, which have lower labor costs and increasingly equal access to advanced technology like AI.

The 8 it services & consulting stocks we track reported a strong Q4. As a group, revenues beat analysts’ consensus estimates by 0.6% while next quarter’s revenue guidance was 0.6% above.

Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 12.3% since the latest earnings results.

Best Q4: Grid Dynamics (NASDAQ: GDYN)

Founded during the early days of cloud computing in 2006, Grid Dynamics (NASDAQ: GDYN) is a technology consulting firm that helps large enterprises modernize their operations through cloud computing, artificial intelligence, and digital engineering services.

Grid Dynamics reported revenues of $100.3 million, up 28.5% year on year. This print exceeded analysts’ expectations by 4.3%. Overall, it was an exceptional quarter for the company with a solid beat of analysts’ EPS estimates and full-year revenue guidance exceeding analysts’ expectations.

Grid Dynamics Total Revenue

Grid Dynamics achieved the biggest analyst estimates beat, fastest revenue growth, and highest full-year guidance raise of the whole group. Investor expectations, however, were likely higher than Wall Street’s published projections, leaving some wishing for even better results (analysts’ consensus estimates are those published by big banks and advisory firms, not the investors who make buy and sell decisions). The stock is down 14.1% since reporting and currently trades at $17.61.

Is now the time to buy Grid Dynamics? Access our full analysis of the earnings results here, it’s free.

Gartner (NYSE: IT)

Founded in 1979 as a technology research firm and now serving executives across all business functions, Gartner (NYSE: IT) is a research and advisory firm that provides actionable insights, guidance, and tools to help executives make better decisions about technology and business strategies.

Gartner reported revenues of $1.72 billion, up 8.1% year on year, outperforming analysts’ expectations by 1.4%. The business had an exceptional quarter with a solid beat of analysts’ EPS estimates and a narrow beat of analysts’ constant currency revenue estimates.

Gartner Total Revenue

Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 14.8% since reporting. It currently trades at $467.

Is now the time to buy Gartner? Access our full analysis of the earnings results here, it’s free.

Weakest Q4: ASGN (NYSE: ASGN)

Evolving from its roots in IT staffing to become a comprehensive technology solutions provider, ASGN (NYSE: ASGN) provides IT consulting services and staffing solutions to Fortune 1000 companies and government agencies, specializing in digital transformation and technology implementation.

ASGN reported revenues of $985 million, down 8.3% year on year, falling short of analysts’ expectations by 1.5%. It was a slower quarter as it posted a significant miss of analysts’ EPS guidance for next quarter.

ASGN delivered the slowest revenue growth in the group. As expected, the stock is down 16.9% since the results and currently trades at $72.99.

Read our full analysis of ASGN’s results here.

Kyndryl (NYSE: KD)

Born from IBM's managed infrastructure services business in a 2021 spinoff, Kyndryl Holdings (NYSE: KD) is the world's largest IT infrastructure services provider that designs, builds, and manages technology environments for enterprise customers.

Kyndryl reported revenues of $3.74 billion, down 4.9% year on year. This result missed analysts’ expectations by 2%. Zooming out, it was actually a very strong quarter as it logged a solid beat of analysts’ EPS estimates and revenue guidance for next quarter exceeding analysts’ expectations.

Kyndryl had the weakest performance against analyst estimates among its peers. The stock is down 9.9% since reporting and currently trades at $34.15.

Read our full, actionable report on Kyndryl here, it’s free.

Cognizant (NASDAQ: CTSH)

Originally established as an in-house technology unit of Dun & Bradstreet before becoming independent in 1996, Cognizant (NASDAQ: CTSH) is a professional services company that helps businesses modernize their technology, reimagine processes, and transform digital experiences.

Cognizant reported revenues of $5.08 billion, up 6.8% year on year. This number met analysts’ expectations. More broadly, it was a decent quarter as it also recorded an impressive beat of analysts’ EPS estimates.

Cognizant had the weakest full-year guidance update among its peers. The stock is down 1.7% since reporting and currently trades at $82.15.

Read our full, actionable report on Cognizant here, it’s free.


Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.

Join Paid Stock Investor Research

Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.