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Grid Dynamics Holdings, Inc. reported first quarter 2024 revenue of $79.8 million, exceeding expectations. The Retail and TMT verticals were the largest revenue contributors. The Finance vertical saw significant growth. The company highlighted its track record of success and industry recognition. Financially, GAAP net loss was $3.9 million, and non-GAAP net income was $5.2 million. Cash provided by operating activities decreased, but cash and cash equivalents remained stable. The company expects revenue and non-GAAP EBITDA to increase in the second quarter of 2024.