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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SAN FRANCISCO, May 24, 2021 /PRNewswire/ -- Globant S.A. (NYSE: GLOB), a digitally native technology services company today announced that it intends to offer and sell 1,000,000 of its common shares (the "Shares"), subject to market and other conditions, in an underwritten public offering.

Globant Announces Proposed Public Offering of Common Shares

Globant (GLOB) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Globant (GLOB) Moves 5.1% Higher: Will This Strength Last?

Globant S.A. (GLOB) CEO Martin Migoya on Q1 2021 Results - Earnings Call Transcript

Globant (GLOB) delivered earnings and revenue surprises of 2.47% and 4.04%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Globant (GLOB) Beats Q1 Earnings and Revenue Estimates

Shares of Globant (NYSE:GLOB) were flat in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 40.62% over the past year to $0.90, which beat the estimate of $0.80.

Globant: Q1 Earnings Insights

Strong Start to the Year First  quarter revenues of $270.2 million, up 41.0% year-over-year IFRS Diluted EPS of $0.53 for the first quarter Non-IFRS Diluted EPS of $0.83 for the first quarter LUXEMBOURG, May 13, 2021 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced results for the three months ended March 31, 2021. Please see highlights below, including certain Non-IFRS measures.

Globant Reports 2021 First Quarter Financial Results

Globant SA (NYSE: GLOB) announced it had acquired Barcelona-based HABITANT. It is a consulting firm specializing in digital marketing strategy, Paid Media, MAdTech, and Digital Sales.

Globant Acquires Europe's Digital Marketing Consulting Firm HABITANT For Undisclosed Sum

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Here is a sneak peek on how five notable Internet stocks, GLOB, MCHX, NICE, DASH, AEYE, are poised ahead of their upcoming Q1 results scheduled for May 13.

Internet Stocks' May 13 Q1 Earnings Lineup: GLOB, DASH & More

LUXEMBURG, May 12, 2021 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, announced today its acquisition of HABITANT, a consulting firm specializing in digital marketing strategy, Paid Media, MAdTech and Digital Sales. With this acquisition, Globant reinforces its expansion plans in Europe.

Globant Acquires The European Digital Marketing Consultancy Firm HABITANT

Globant (GLOB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Globant (GLOB) This Earnings Season?

LUXEMBOURG, May 6, 2021 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced it will release results for the first quarter ended March 31st, 2021 on Thursday May 13th, 2021 after the close of regular market hours. Following the release, Martin Migoya, Globant's CEO & co-founder, and Juan Urthiague, Globant's CFO, will discuss the results in a video conference call beginning at 4:30pm ET.

Globant to Announce First Quarter 2021 Financial Results on May 13th

Globant (GLOB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Globant (GLOB) to Report Q1 Results: Wall Street Expects Earnings Growth

Globant opens the nomination process to recognize individuals in organizations that are leading digital and cognitive transformations, creating a way forward into a sustainable future. SAN FRANCISCO, May 6, 2021 /PRNewswire/ --  Globant  (NYSE: GLOB), a digitally native company that offers innovative technology solutions, announced the launch of the Digital Disruptors Award , a global recognition for individuals that stand out leading the process of digitization through innovation by leveraging data, operating in an agile way and seamlessly adapting to new market realities.

Globant Launches Digital Disruptors Award to Recognize those Leading Vanguard of Digital Transformation

The appointments correspond to Globant's vision to scale up business by reinventing the industry. SAN FRANCISCO, May 3, 2021 /PRNewswire/ -- Globant  (NYSE: GLOB), a digitally-native technology services company, today announced updates and new appointments to its senior management, which are effective immediately.

Globant Announces Updates and New Appointments for its Global Management Team to boost Company into the future

Globant (GLOB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Globant (GLOB) is Poised to Beat Earnings Estimates Again

MIAMI, April 28, 2021 /PRNewswire/ -- Globant  (NYSE: GLOB), a digitally native company, today announced the expansion of its footprint in Miami, Florida. Over the next three years, the company plans to recruit 150 employees, on top of the 90 professionals already based in South Florida.

Globant Announces Office Expansion in Miami; to Launch Smart Venues Hub and Provide 150 New High Tech Jobs

The forward-thinking IT services company could still have room to run.

Is Globant Stock a Buy?

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A Relative Strength Rating upgrade for Globant shows improving technical performance. Will it continue?

Stocks With Rising Relative Strength: Globant

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SAN FRANCISCO, March 11, 2021 /PRNewswire/ --  Globant (NYSE: GLOB), a digitally native company, published its new Sentinel Report, which provides useful information to companies to stay relevant and aware of trends, global perspectives, and industry behavior around the world. In this edition, Globant's experts look at the future of organizations and highlight the importance for business decision makers to build and implement intentional corporate cultures that embrace change and span the digital and geographic divide.

Globant's new Sentinel Report highlights the power of change to enable business transformation and strengthen organizational culture

LUXEMBOURG, March 2, 2021 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, announced today its acquisition of CloudShift, a leading Salesforce partner in the UK specialising in multi cloud digital transformation. With this acquisition, Globant...

Globant Acquires CloudShift and broadens its digital and cognitive transformation expertise

LUXEMBOURG, Feb. 26, 2021 /PRNewswire/ -- Globant S.A. (NYSE: GLOB), a digitally native technology services company (the "Company"), announced that, on February 26, 2021, the Company filed its annual report for the year ended December 31, 2020 on Form 20-F (the "2020 Annual Report") with...

Globant Files Annual Report for 2020

Globant S.A. (GLOB) CEO Martín Migoya on Q4 2020 Results - Earnings Call Transcript

Globant (GLOB) delivered earnings and revenue surprises of 4.48% and 4.77%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

News for Globant Stock (GLOB)