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.

Earnings data Q1 2021

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Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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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Shares of Globant (NYSE:GLOB) were flat in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 9.37% over the past year to $0.70, which beat the estimate of $0.67.

Globant: Q4 Earnings Insights

Solid End to the Year and Robust Outlook Fourth quarter revenues of $232.6 million, up 26.2% year-over-year IFRS Diluted EPS of $0.46 for the fourth quarter Non-IFRS Diluted EPS of $0.70 for the fourth quarter LUXEMBOURG, Feb. 18, 2021 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally...

Globant Reports 2020 Fourth Quarter and Full Year Financial Results

LUXEMBOURG, Feb. 11, 2021 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced it will release results for the fourth quarter and full year ended December 31st, 2020 on Thursday, February 18th, 2021 after the close of regular market hours....

Globant to Announce Fourth Quarter 2020 Financial Results on February 18th

Growth in this measure is critical for Globant's continued success this year.

The Most Important Metric for Globant Investors to Follow in 2021

LUXEMBOURG, Dec. 18, 2020 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced the acquisition of Spain-based Bluecap, a specialized consultancy firm that leverages advanced analytics to develop new business models for financial...

Globant Acquires Bluecap to Strengthen its Portfolio of Consulting Services for the Financial Industry

SAN FRANCISCO, Nov. 13, 2020 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally-native technology services company, today announced the launch of the Sustainable Business Studio to help its clients create business legitimacy in today's new green economy. The Sustainable Business Studio...

Globant Launches New Sustainable Business Studio to Help Organizations Thrive in the New Green Economy

Polen Capital Management recently released its Q3 2020 Investor Letter, a copy of which you can download here. During the third quarter of 2020, the Polen U.S. Small Company Growth Composite Portfolio returned 4.57% gross of fees, while the Russell 2000 Growth Index was up 7.17%. You should check out Polen Capital's top 5 stock picks for investors to buy right now, which could be the biggest winners of this year.

Why Globant SA (GLOB) Stock is a Compelling Investment Case

Globant S.A. (GLOB) CEO Martín Migoya on Q3 2020 Results - Earnings Call Transcript

Shares of Globant (NYSE:GLOB) fell 2.58% in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share decreased 3.23% over the past year to $0.60, which beat the estimate of $0.58.

Globant: Q3 Earnings Insights

LUXEMBOURG, Nov. 12, 2020 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced results for the three and nine months ended September 30, 2020. Please see highlights below, including certain Non-IFRS measures. Note that reconciliations...

Globant Reports 2020 Third Quarter Financial Results

LUXEMBOURG, Nov. 5, 2020 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced it will release results for the third quarter ended September 30th, 2020 on Thursday November 12th, 2020 after the close of regular market hours. Following the...

Globant to Announce Third Quarter 2020 Financial Results on November 12th

Globant (GLOB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Globant (GLOB) to Report a Decline in Earnings: What to Look Out for

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Global spending on digital transformation projects will grow at 21% annually through 2025, forecasts a report on IT services stocks, with upside for Accenture stock, Epam and Globant. The post Spending On Digital Transformation Viewed As Driver For Accenture, Epam, Globant appeared first on Investor's Business Daily.

Spending On Digital Transformation Viewed As Driver For Accenture, Epam, Globant

SAN FRANCISCO, Sept. 16, 2020 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, has been named as a Leader in the IDC MarketScape: Worldwide Customer Experience Improvement Services 2020 Vendor Assessment (Doc # US45658220, September 2020).

Globant Recognized as a 2020 Worldwide Leader in CX Improvement by IDC MarketScape

The IT disruptor is generating growth in adverse conditions.

Globant's Biggest Weakness Transforms into a Temporary Strength

Globant's (GLOB) CEO Martín Migoya on Q2 2020 Results - Earnings Call Transcript

Shares of Globant (NYSE:GLOB) fell 2.22% in after-market trading after the company reported Q2 results.

Globant: Q2 Earnings Insights

Strong Performance Amidst Turbulent Macro Second quarter revenues of $182.7 million, up 16.0% year-over-year IFRS Diluted EPS of $0.26 for the second quarter Non-IFRS Diluted EPS of $0.51 for the second quarter LUXEMBOURG, Aug. 13, 2020 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally.

Globant Reports 2020 Second Quarter Financial Results

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3 Software Stocks Poised to Top Estimates This Earnings Season

LUXEMBOURG, Aug. 6, 2020 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced it will release results for the second quarter ended June 30th, 2020 on Thursday August 13th, 2020 after the close of regular market hours.

Globant to Announce Second Quarter 2020 Financial Results on August 13th

LUXEMBOURG, Aug. 3, 2020 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced the acquisition of gA, a leading digital and cloud transformation services company with presence in the United States, Argentina, Brazil, Chile, Colombia, Mexico.

Globant Acquires gA and Strengthens its Leadership in Digital and Cognitive Transformation

SAN FRANCISCO, July 30, 2020 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally-native technology services company, today announced the launch of the Continuity Studio to help businesses face new challenges driven by the pandemic. Throughout the years, Globant has built broad expertise.

Globant Launches New Studio to Fuel Business Continuity in a Post-Pandemic Era

The AI-powered software company's stock is up nearly 300% over the last three years.

Why Globant Stock Jumped 41.3% in the First Half of 2020

SAN FRANCISCO, June 18, 2020 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, announced a new virtual edition of CONVERGE. It will bring together renowned experts to participate in tech ignite talks and exclusive business roundtables. Speakers and...

Globant's Flagship Event, CONVERGE, Goes Fully Digital and Extends to Three-Part Series

SAN FRANCISCO, May 22, 2020 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, released its Q2 Sentinel Report, an initiative designed to help organizations maintain relevance through the observation of industry trends, insights and consumer behaviors...

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