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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LUXEMBOURG , April 9, 2024 /PRNewswire/ -- Globant S.A. (NYSE: GLOB) (the "Company"), a digitally native technology services company focused on creating digital journeys, announces that its Annual General Meeting of Shareholders and an Extraordinary General Meeting of Shareholders (collectively, the "General Meetings") are to be held on May 10, 2024.

Globant to Hold its Annual General Meeting of Shareholders and an Extraordinary General Meeting of Shareholders on May 10, 2024

The company also won Partner of the Year Awards in Latin America for Services and Talent Development SAN FRANCISCO , April 8, 2024 /PRNewswire/ -- Globant  (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced that it has received the 2024 Google Cloud Industry Solution Services Partner of the Year Award for Media and Entertainment, marking its second consecutive year winning the award. Google Cloud announced Globant's win at its annual Google Cloud Next conference in San Francisco.

Globant Wins Google Cloud Industry Solution Services Partner of the Year Award for Media & Entertainment for Second Consecutive Year

Enfusion

ATLANTA--(BUSINESS WIRE)-- #simplyconnectingpayments--ConnexPay has announced the appointment of Ben Peters as chief executive officer. Peters brings more than two decades of experience.

ConnexPay Appoints Ben Peters as Chief Executive Officer

The new commercial playfully challenges nonsense tech applications and continues the Stuck.in Consultancy Saga of "I AI" and "1000 Slides" -also produced by GUT- to show a different way of transforming businesses NEW YORK , March 21, 2024 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today launched its new commercial 'Taste ID.' The film is the latest installment in Globant's "Stuck in Consultancy" saga, created by the award-winning global agency GUT , which was recently incorporated into the Globant family.

Globant Presents "Taste ID": the New Ad by GUT Pokes Fun at Legacy Tech Industry

This new edition will recognize women leaders in Latin America, Europe, US & Canada, and India Previous editions accumulated 310,000+ votes, featured 6,000 candidates and involved women from over 50 countries Nominations and submissions are open until April 15 at 23:59 ET at womenawards.globant.com NEW YORK , March 8, 2024 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced the launch of its 5th edition of Women That Build Awards, the annual recognition program aimed to provide global visibility and networking opportunities for talented women to thrive in their professional careers. The tech industry, renowned for its innovation, faces a gender representation challenge with only 28% of its workforce being female.

Celebrating Innovation and Leadership: Globant Announces 5th Edition of Women That Build Awards

LUXEMBOURG , Feb. 29, 2024 /PRNewswire/ -- Globant S.A. (NYSE: GLOB), a digitally native technology services company (the "Company"), announced today that it filed its annual report on Form 20-F for the year ended December 31, 2023 (the "2023 Annual Report") with the U.S. Securities and Exchange Commission (the "SEC").

Globant Files Annual Report for 2023

Globant S.A. (GLOB) Q4 2023 Earnings Call Transcript

Solid Finish to the Year and Positive Outlook Ahead Fourth quarter revenues of $580.7 million, up 18.3% year-over-year IFRS Diluted EPS of $0.96 for the fourth quarter Non-IFRS Adjusted Diluted EPS of $1.62 for the fourth quarter Full year 2023 revenues of $2,095.9 million, up 17.7% year-over-year IFRS Diluted EPS of $3.64 for the full year Non-IFRS Adjusted Diluted EPS of $5.74 for the full year LUXEMBOURG , Feb. 15, 2024 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced results for the three months and year ended December 31, 2023. Please see highlights below, including certain Non-IFRS measures.

Globant Reports 2023 Fourth Quarter and Full Year Financial Results

Through cutting-edge technology, creativity, and innovation, Globant reinvents how brands engage with their customers through memorable and fulfilling experiences SAN FRANCISCO , Feb. 14, 2024 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, announced today the launch of its Connected Experiences Studio . This dedicated Studio consolidates over two decades of harnessing the transformative power of technology to get invaluable insights into customer behavior, empowering businesses to make informed decisions that fuel growth while delivering memorable experiences to their customers.

Globant Converges its Strength in Creating Seamless Customer Experiences and Innovative Technology Capabilities into the New Connected Experiences Studio

LUXEMBOURG , Feb. 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 fourth quarter and full year ended December 31st, 2023 on Thursday, February 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.

Globant to Announce Fourth Quarter 2023 Financial Results on February 15th

Globant leverages its experience in AI and innovation to deliver comprehensive loyalty strategies Loyalty programs help businesses boost revenues, achieve greater profitability, and facilitate more cost-efficient customer acquisition, among other benefits NEW YORK , Feb. 6, 2024 /PRNewswire/ --  Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, launched its new Loyalty Studio  today. This Studio offers comprehensive loyalty strategies and end-to-end solutions that enable businesses to generate strong customer engagement while boosting revenue and improving profitability.

Globant Launches Loyalty Studio to Boost Customer Relations and Maximize Revenue Through AI

Led by FTV Capital, with participation from NVIDIA and existing investors, funding will further solidify Kore.ai's leading position in explosive advanced AI market ORLANDO, Fla. , Jan. 30, 2024 /PRNewswire/ -- Kore.ai, a leader in enterprise conversational and generative AI platform technology, today announced $150 million in funding.

Kore.ai Secures $150 Million Strategic Growth Investment to Drive AI-powered Customer and Employee Experiences for Global Brands

The company introduced this new space at an exclusive event attended by its clients and stakeholders in Germany Along with Madrid, London, Milan, and Paris, Berlin is one of the main Globant's strategic locations in Europe This new hub aims to serve as a meeting point for key partners and top European  innovators collaborating with Globant BERLIN , Jan. 25, 2024 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, announced its newest commitment to its growing businesses in Germany and the broader DACH Region, opening an  Innovation Hub Office in Berlin. This space has been designed to expand Globant's presence in the country while fostering the inclusion of local talent and showcasing its capabilities.

Globant unveils its first Business Innovation Hub in Berlin

New funding will accelerate innovation, product development and go-to-market expansion for the leading enterprise revenue lifecycle management platform DENVER , Jan. 24, 2024 /PRNewswire/ -- BillingPlatform, the enterprise revenue lifecycle management platform for today's innovative business models, today announced a $90 million growth equity investment from FTV Capital, a sector-focused growth equity investor with more than 25 years of experience in enterprise technology and services, financial services, and payments and transaction processing. The investment will fuel BillingPlatform's continued expansion in a $10 billion market that is growing more than 10% per year as enterprises increasingly turn to the company's comprehensive portfolio of solutions for the Office of the CFO that enable new revenue streams and go-to-market strategies, reduce revenue leakage and improve customer satisfaction.

BillingPlatform Secures $90 Million Growth Equity Investment from FTV Capital

The recognition highlights Globant's rapid growth from the 8th to the 5th position as the strongest brand in the industry Driven by its unique culture, Studio Networks model and AI-based suite of products and platforms, the company fosters collaboration, fuels creativity, promotes reinvention through innovative solutions, and delivers transformative results to its clients  NEW YORK , Jan. 19, 2024 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, has been ranked by Brand Finance, the leading brand consultancy, as the Fastest-Growing IT Brand  and 5th Strongest IT Brand  globally. The recognition acknowledges the significant growth of Globant's brand over the past year, as the company was previously ranked 8th Strongest IT Brand globally.

Globant Ranked by Brand Finance As the Fastest-Growing IT Brand and 5th Strongest IT Brand Globally

Headquartered in São Paulo, Iteris brings a talented group of professionals together with an impressive portfolio of digital transformation projects NEW YORK , Dec. 28, 2023 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced the acquisition of Iteris Holding Ltda., a Brazilian business and technology consultancy focused on delivering digital transformation.

Globant Acquires Brazilian Consultancy Iteris

With a series of events at the New York Stock Exchange (NYSE) building, including the recreation of the bar where Globant was first thought of, the company celebrated two decades of remarkable accomplishments and substantial growth The occasion served as a vibrant tribute to Globant's first 20-year journey, highlighting the achievements and progress that have defined the company's success NEW YORK , Dec. 5, 2023 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, celebrated its first 20 years of business at the New York Stock Exchange (NYSE) with various initiatives that featured "Globers" (Globant employees), journalists, clients, colleagues, partners, NYSE authorities, and the global winners of Globant's Women That Build Awards 2023. Founded in Argentina in 2003 by Martín Migoya, Nestor Nocetti, Martín Umarán, and Guibert Englebienne, Globant commemorated 20 years of an extraordinary journey of creativity, challenges, and continuous disruption.

Globant Celebrates 20 Years: A Journey from Argentina to Wall Street

SAN FRANCISCO , Dec. 4, 2023 /PRNewswire/ --  Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, has been positioned as a Leader in the IDC MarketScape: Worldwide Software Engineering Services 2023 Vendor Assessment (doc #US51330523, November 2023). "This recognition as a Leader in software engineering services reflects our ability to help our clients go beyond digital transformation to truly reinvent their core businesses and broader industries," said Martín Migoya, CEO of Globant.

Globant Named as a Leader in the IDC MarketScape: Worldwide Software Engineering Services 2023 Vendor Assessment

With this acquisition, Globant continues its journey of creating a powerful global creative tech organization ready for growth After being a client for three years, Globant buys its own advertising agency in a golden and unique move NEW YORK , Nov. 28, 2023 /PRNewswire/ --  Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced the acquisition of a majority stake in GUT, an independent creative agency, to strengthen and grow Globant's creative capabilities. This acquisition will shape a partnership that will boost Globant's technology and creative offering, taking it to a new level, and support GUT's expansion to new markets and industries while leading the inception of technology into advertising.

Globant Shakes the Creative and Tech Industries by acquiring GUT, Cannes Lions 2023's Independent Network of the Year

The November 30 event will feature speakers such as Walter Isaacson (Elon Musk Biographer), Jane Lauder (The Estée Lauder Companies), David Vélez (Nubank), Marc Benioff (Salesforce), Matías Muchnik (NotCo); and will be hosted by Cleo Abram, Emmy-nominated Video Journalist Register for free at converge.globant.com NEW YORK , Nov. 27, 2023 /PRNewswire/ -- Globant  (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced its annual flagship event, CONVERGE. AI: Limitless Disruption , a global gathering with high-profile thought leaders and industry-relevant speakers at the forefront of tech, including Marc Benioff, Chair & CEO at Salesforce; David Vélez, Founder & CEO at Nubank; Walter Isaacson, Best-Selling Author & Acclaimed Historian; and Jane Lauder, Executive Vice President and Chief Data Officer of The Estée Lauder Companies, among others.

Globant Introduces CONVERGE. AI: Limitless Disruption, its Annual Tech Trends' Event Providing Groundbreaking Insights for Business Reinvention

Globant S.A. (NYSE:GLOB ) Q3 2023 Earnings Conference Call November 16, 2023 4:30 PM ET Company Participants Arturo Langa - Investor Relations Martin Migoya - Co-Founder and Chief Executive Officer Diego Tartara - Chief Technology Officer Patricia Pomies - Chief Operating Officer Juan Urthiague - Chief Financial Officer Conference Call Participants Tien-Tsin Huang - JPMorgan Ashwin Shirvaikar - Citi Jason Kupferberg - BofA Moshe Katri - Wedbush Bryan Bergin - TD Cowen Kate Kronstein - William Blair Divya Goyal - Scotiabank Surinder Thind - Jefferies Arturo Langa [Starts Abruptly] Before we begin, I would like to remind you that some of the comments on our call today may be deemed forward-looking statements.

Globant S.A. (GLOB) Q3 2023 Earnings Call Transcript

LUXEMBOURG , Nov. 9, 2023 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced it will release results for the third quarter ended September 30th, 2023 on Thursday November 16th, 2023 after the close of regular market hours. Following the release, Martin Migoya, Globant's CEO & co-founder, Juan Urthiague - CFO, Patricia Pomies - COO, and Diego Tártara - Global CTO, will discuss the results in a video conference call beginning at 4:30pm ET.

Globant to Announce Third Quarter 2023 Financial Results on November 16th

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.

Globant (GLOB) Earnings Expected to Grow: Should You Buy?

Globant S.A. provides consulting and digital transformation services to companies worldwide. The market for digital transformation services is expected to reach $3.95 trillion by 2030 with a CAGR of 23.1%. Globant's financial trends show continued revenue growth, but the stock is possibly fully valued at its current price.

Globant S.A. Expects Attenuated Growth As AI Opportunities Await

The recognition highlights Globant's rapid growth in the industry and its solutions for addressing complex digital transformations in a constantly changing market NEW YORK , Nov. 2, 2023 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced that it was ranked amongst Fortune's 100 Fastest-Growing Companies . In its 38th edition, the list evaluates organizations based on their growth in revenue, profits, and stock returns.

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