Globant

Globant SA engages in the provision of information technology services. It includes application development, testing, infrastructure management, and application maintenance. The company was founded by Martín Migoya, Martín Gonzalo Umaran, Guibert Andrés Englebienne, and Néstor Augusto Nocetti in 2003 and is headquartered in Luxembourg.

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Globant achieves record sales and eyes AI-driven growth opportunities

Globant's Q4 2022 performance reflects record-breaking sales, strong financial results, and promising collaborations with key clients, underpinned by a focus on AI capabilities and global expansion.
While challenges like pricing pressures and regional performance variations exist, the company's strategic strengths in AI, cost optimization, and workforce planning position it well for growth.
Opportunities in AI-driven revenue growth, geographic expansion through M&A, and market trends present avenues for Globant to capitalize on, despite macroeconomic uncertainties.
Overall, Globant's prudent financial management, focus on efficiency, and strategic initiatives underscore a positive outlook for 2023, supported by a strong foundation and growth potential.

Globant reports strong Q1 growth driven by AI initiatives

Globant's Q1 2023 earnings call showcased robust performance, emphasizing revenue growth, AI initiatives, and strategic acquisitions. The company's unique approach to customer engagement, strong market demand for AI tools, and focus on efficiency gains position it for continued success.
While challenges in maintaining AI efficiency gains and integrating acquisitions exist, Globant's opportunities lie in capitalizing on market demand for AI tools, expanding globally, and deepening service offerings. The company's commitment to innovation, client relationships, and strategic planning underpin its growth trajectory.
With a focus on revenue conversion, maintaining gross margin targets, and driving operating margin improvements, Globant aims for sustainable growth and profitability. The company's resilience, strategic differentiation, and market positioning set the stage for continued success in the evolving business landscape.

Globant achieves record Q2 revenue with focus on AI growth

Globant reports record revenue and strong profitability in Q2 2023.
Company-specific drivers like structure, studios, and culture fuel higher growth.
Focus on talent development, client partnerships, and innovative offerings.
Optimistic outlook for growth, aiming for double-digit growth in 2024.

Globant reports robust Q3 earnings, eyes global expansion and AI

Globant's Q3 performance reflects strong revenue growth, operational efficiency, and financial health.
While facing challenges like FX impacts and utilization rates, the company's strengths in market recognition and client satisfaction position it well for future growth.
Opportunities in new regions, service expansions, and AI projects present avenues for continued success and market leadership.

Globant reports stellar 2023 performance, eyes AI-driven growth in 2024

Globant's robust financial performance in 2023, driven by revenue growth and strong margins, positions the company well for 2024. With a strategic focus on AI, spatial computing, and creative marketing, Globant aims to capitalize on emerging opportunities while addressing challenges such as currency fluctuations and economic uncertainties.

Globant surpasses Q1 revenue expectations, eyes AI acceleration for growth

Globant's Q1 performance exceeded expectations, driven by strong revenue growth and strategic initiatives. While facing challenges from macroeconomic uncertainties, the company remains optimistic about future growth. Opportunities in AI, geographic expansion, and industry reinvention position Globant for continued success.

Globant reports stellar Q2 results, eyes AI and marketing tech for growth

Globant delivered strong Q2 results with robust revenue growth and profitability, showcasing resilience and innovation in a competitive market.
The company's strategic focus on AI and marketing tech expansion positions it well for future growth and market leadership.
While facing challenges in talent management and potential market competition, Globant remains optimistic about its growth prospects and industry recognition.

Globant reports strong Q3 earnings, eyes AI growth in 2025

Globant's Q3 2024 earnings call highlighted robust performance, strong revenue growth, and a strategic focus on AI adoption and industry-specific consultancy.
While facing challenges in areas like market expansion and technology integration, the company's strengths in revenue diversification and regional growth present opportunities for sustained success.
Overall, Globant's performance underscores a positive trajectory with a clear roadmap for growth, positioning the company well for continued success in the evolving tech landscape.

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GLOB's Q3 2024 performance benefits from continued investments in artificial intelligence innovations and expanded market footprint.

Globant's Q3 Earnings Meet, Revenues Up Y/Y on Expanded Footprint

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Globant S.A. (NYSE:GLOB ) Q3 2024 Earnings Conference Call November 14, 2024 4:30 PM ET Company Participants Arturo Langa - IR Martin Migoya - Co-Founder and CEO Diego Tartara - Chief Technology Officer Patricia Pomies - COO Juan Urthiague - CFO Conference Call Participants Tien-Tsin Huang - JPMorgan Bryan Bergin - TD Cowen Maggie Nolan - William Blair Leonardo Olmos - UBS Jonathan Lee - Guggenheim Jason Kupferberg - Bank of America Surinder Thind - Jefferies Bryan Keane - Deutsche Bank Divya Goyal - Scotia Sean Kennedy - Mitsukho Thiago Kapulskis - Itau Arturo Langa Good day, and welcome to Globant's Third Quarter 2024 Earnings Conference Call.

Globant S.A. (GLOB) Q3 2024 Earnings Call Transcript

Globant (GLOB) came out with quarterly earnings of $1.63 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.48 per share a year ago.

Globant (GLOB) Matches Q3 Earnings Estimates

Strong, Broad Based Results Third quarter revenues of $614.7 million, up 12.7% year-over-year IFRS Diluted EPS of $0.98 for the third quarter Non-IFRS Adjusted Diluted EPS of $1.63 for the third quarter LUXEMBOURG , Nov. 14, 2024 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced results for the three and nine months ended September 30, 2024. Please see highlights below.

Globant Reports 2024 Third Quarter Financial Results

The event will feature speakers such as Stefano Domenicali , President & CEO of F1; Marcos Galperin ,  Founder & CEO of Mercado Libre; Gwyneth Paltrow , Founder & CEO of goop; Martin Wezowski , Chief Futurist at SAP; John Fanelli , VP of Enterprise Software at NVIDIA; and Pablo Beramendi , Director of Startups & AI at Google Cloud, among many others, to discuss AI, creativity, and business reinvention. Register for free at https://converge.globant.com/.

Globant Launches New Edition of CONVERGE, Offering Groundbreaking Insights for Business Reinvention: "AI: Disrupt, Delight, Connect," to Broadcast on November 21st

LUXEMBOURG , Nov. 7, 2024 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced it will release results for the third quarter ended September 30th, 2024 on Thursday, November 14th, 2024 after the close of regular market hours. Following the release, Martin Migoya, Globant's CEO & co-founder; Juan Urthiague, Globant's CFO; Patricia Pomies, Globant's COO; and Diego Tártara, Globant's CTO, will discuss the results in a video conference call beginning at 4:30 pm ET.

Globant to Announce Third Quarter 2024 Financial Results on November 14th

• Qiddiya Investment Company (QIC) and Globant, a digitally native company focused on reinventing businesses through innovative technology solutions, announce a new landmark partnership to create a state-of-the-art digital ecosystem for Qiddiya City, the new global destination for entertainment, sports, and culture built on the foundations of play. • At the heart of this collaboration will be the Qiddiya "PLAY LIFE Connected Experience", offering visitors a seamless, personalized interface to book events and manage their itineraries, providing real-time updates and recommendations tailored to individual preferences.

Qiddiya and leading tech company Globant agree a landmark partnership to make Saudi Arabia's Qiddiya City one of the world's most immersive entertainment hubs

This edition's global winners included Kavitha Krishnan, the Tech Executive Winner from India; Margo Jordan, the Tech Entrepreneur Winner from the United States; and Inés Huertas, the Tech Leader Winner from Spain. Global Winners received recognition at Converge, Globant's signature annual event, and will be showcased on the iconic NYSE Billboard in Times Square NEW YORK , Oct. 21, 2024 /PRNewswire/ -- Globant  (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced the global winners of Women that Build Awards 5th Edition.

Globant Announces Global Winners of the 5th Women that Build Awards

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SAN FRANCISCO & RUTHERFORD, Calif.--(BUSINESS WIRE)--FTV Capital, a leading sector-focused growth equity firm, and One Mind at Work, a global nonprofit dedicated to building the future of workforce mental health, today announced a first-of-its-kind partnership to advance mental health and wellbeing within high-growth companies in the FTV portfolio. The expanded partnership coincides with World Mental Health Day, which is highlighting workplace mental health as its official 2024 theme. Over the.

FTV Capital and One Mind at Work Launch Partnership to Support Mental Health Within High-Growth Companies

Globant (GLOB) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Strength Seen in Globant (GLOB): Can Its 9.6% Jump Turn into More Strength?

BRISBANE, Australia--(BUSINESS WIRE)--VALD, a global health technology company and the system of choice for musculoskeletal (“MSK”) health professionals, today announced a significant growth equity investment from FTV Capital, a sector-focused growth equity firm. The investment will enable VALD to grow its global team into new markets, launch new product offerings and capabilities, and continue to utilize AI to create unique applications for the company's industry-leading, proprietary dataset o.

VALD Secures Significant Growth Equity Investment from FTV Capital

To strengthen its footprint in the financial services sector, which forms a major part of its business, GLOB announces the acquisition of Blankfactor.

Globant Boosts Portfolio With Strategic Buyouts: Will the Stock Gain?

Blankfactor is a U.S.-headquartered product engineering firm specialized in Payments, Capital Markets, Wealth and Retirement, and Fintech in North America and the UK, with extensive experience in card issuing, merchant acquiring, and securities finance. Blankfactor has grown rapidly by leveraging highly specialized consultants coupled with deep vertical expertise in the financial services sector.

Globant Acquires Blankfactor to Strengthen Its Payments, Banking, and Capital Markets Practice in the US

GLOB and Williams Racing team up to create an immersive fan experience in Formula 1 sport through digital transformation.

Globant Focuses on Strategic Partnerships: Will the Stock Gain?

The Company is already a global partner of Formula 1 to elevate their digital experiences both for racing teams and fans and makes Williams its first team partnership in the sport BUENOS AIRES, Argentina , Aug. 29, 2024 /PRNewswire/ -- Williams Racing is proud to announce a new partnership with leading digital transformation company and long-running Colapinto's sponsor, Globant. The New York Stock Exchange-listed organisation, with more than 29,100 employees and presence in 33 countries, is already a global partner of Formula 1 to elevate their digital experiences both for racing teams and fans and makes Williams its first team partnership in the sport.

Globant, Franco Colapinto's Proud Sponsor, Becomes Williams Racing Official Partner

RICHMOND, Va., Aug. 28, 2024 /PRNewswire/ -- Monument Consulting is proud to announce the launch of their Strategic Supplier Recognition Program.

Monument Consulting Announces 2024 Strategic Suppliers

Globant S.A. NYSE: GLOB is a jack-of-all-trades focusing on enterprise digital transformation.

Globant Is an Emerging AI Play That's Expanding Its Footprint

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

This Globant Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday

Globant (GLOB) posts healthy Q2 2024 results owing to an expanded footprint across all verticals and regions. Solid growth in AI-oriented revenues aid top-line results.

Globant's (GLOB) Q2 Earnings Beat Estimates, Revenues Up Y/Y

Globant S.A. (NYSE:GLOB ) Q2 2024 Earnings Conference Call August 15, 2024 4:30 PM ET Company Participants Arturo Langa - IR Martin Migoya - Co Founder and CEO Diego Tartara - Chief Technology Officer Patricia Pomies - COO Juan Urthiague - CFO Conference Call Participants Tien-Tsin Huang - JP Morgan Jim Schneider - Goldman Sachs Maggie Nolan - William Blair Bryan Bergin - TD Cowen Jason Kupferberg - Bank of America Jonathan Lee - Guggenheim Divya Goyal - Scotiabank Arvind Ramnani - Piper Sandler Sean Kennedy - Mizuho Surinder Thind - Jefferies Leonardo Olmos - UBS Thiago Kapulskis - Itau Operator Good day and welcome to Globant's Second Quarter 2024 Earnings Conference Call.

Globant S.A. (GLOB) Q2 2024 Earnings Call Transcript

Globant (GLOB) came out with quarterly earnings of $1.51 per share, beating the Zacks Consensus Estimate of $1.50 per share. This compares to earnings of $1.36 per share a year ago.

Globant (GLOB) Q2 Earnings and Revenues Beat Estimates

Growth Outlook Remains Strong, Executing on Profitability Second quarter revenues of $587.5 million, up 18.1% year-over-year IFRS Diluted EPS of $0.87 for the second quarter Non-IFRS Adjusted Diluted EPS of $1.51 for the second quarter LUXEMBOURG , Aug. 15, 2024 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced results for the three and six months ended June 30, 2024. Please see highlights below.

Globant Reports 2024 Second Quarter Financial Results

LUXEMBOURG , Aug. 8, 2024 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced it will release results for the second quarter ended June 30th, 2024 on Thursday, August 15th, 2024 after the close of regular market hours. Following the release, Martin Migoya, Globant's CEO & co-founder; Juan Urthiague, Globant's CFO; Patricia Pomies, Globant's COO; and Diego Tártara, Globant's CTO, will discuss the results in a video conference call beginning at 4:30 pm ET.

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