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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Globant has been acquiring companies to expand its end markets and geographical reach. The company has beaten its recent quarterly earnings and shows a 25% upside in my DCF model.

Globant S.A.: Fast Growing With Significant Upside Potential And Long-Term Profitability

Globant S.A. (NYSE:GLOB ) Q3 2022 Earnings Conference Call November 17, 2022 4:30 PM ET Company Participants Arturo Langa - IR Martín Migoya - Co-Founder and CEO Juan Urthiague - CFO Patricia Pomies - COO Diego Tartara - Global Chief Technology Officer Conference Call Participants Tien-Tsin Huang - JPMorgan Ashwin Shirvaikar - Citi Moshe Katri - Wedbush Ernesto Gonzalez - Morgan Stanley Bryan Bergin - Cowen Walter Chiarvesio - Santander John Nutt - Piper Sandler Diego Aragão - Goldman Sachs Arturo Langa Good day, and welcome to Globant's Third Quarter 2022 Earnings Conference Call.

Globant S.A. (GLOB) Q3 2022 Earnings Call Transcript

Globant (GLOB) delivered earnings and revenue surprises of 0.79% and 0.35%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Globant (GLOB) Tops Q3 Earnings and Revenue Estimates

Strong Results, Reflecting Solid Demand for Digital Third quarter revenues of $458.9 million, up 34.2% year-over-year  IFRS Diluted EPS of $0.84 for the third quarter  Non-IFRS Diluted EPS of $1.27 for the third quarter LUXEMBOURG , Nov. 17, 2022 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced results for the three and nine months ended September 30, 2022. Please see highlights below, including certain Non-IFRS measures.

Globant Reports 2022 Third Quarter Financial Results

eWave, a multi-award-winning Adobe Platinum Partner and Salesforce Gold Partner, will reinforce Globant's growing digital commerce capabilities to continue delivering profound industry transformations and support the Company expansion. eWave has offices in Australia, Hong Kong, and Singapore, with a delivery presence in seven countries in the APAC region.

Globant acquires Asia Pacific's leading digital commerce specialist eWave, and expands its presence to Australia and Asia

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

Why Globant (GLOB) Might Surprise This Earnings Season

Globant will expand its existing Studios offering by combining its knowledge and expertise in enterprise platforms with its world-class technologies to drive process innovation, optimization, and customer value with Salesforce, SAP, and Oracle This new cluster of Studio focuses on helping businesses enhance core operations and processes to enable sustained business value NEW YORK , Nov. 14, 2022 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, announced today the launch of its Enterprise Platforms Studios which includes existing Process Optimization and Salesforce Studios, and new SAP and Oracle Studios. All of these will  focus on helping businesses enhance their core operations and processes enabling them to rapidly adapt in a fast-changing market.

Globant Launches New Enterprise Platforms Studios to Prepare Organizations for End-to-End Digital Reinvention

LUXEMBOURG , Nov. 10, 2022 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced it will release results for the third quarter ended September 30th, 2022 on Thursday November 17th, 2022 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 Third Quarter 2022 Financial Results on November 17th

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) Earnings Expected to Grow: What to Know Ahead of Q3 Release

The leading global analyst firm's award recognizes Globant as providing "the most comprehensive suite of solutions and services in the market, spanning robust features and capabilities" SAN FRANCISCO , Nov. 1, 2022 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, announced today that Frost & Sullivan has named it the recipient of this year's Company of the Year Award in the global digital transformation services industry. Based on the in-depth analysis of its global Growth Pipeline Experts, Frost & Sullivan reserves this recognition for companies at the forefront of innovation and growth in their respective industries.

Globant Earns the Frost & Sullivan 2022 Company of the Year Award for Digital Transformation Services

Enfusion

ATLANTA--(BUSINESS WIRE)-- #simplyconnectingpayments--ConnexPay announces $110 million growth investment led by FTV Capital, an investor with 20 years of experience in payments and financial services.

ConnexPay Secures $110 Million Growth Investment Led by FTV Capital to Propel Global Expansion and Unify Payments Ecosystem

WaaSabi's Wallet-as-a-Service API platform extends innovative, customer-centric digital payment capabilities to any business in any industry SAN FRANCISCO , Oct. 24, 2022 /PRNewswire/ --  Globant  (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced the launch of WaaSabi, a wallet-as-a-service solution which exposes a single API that empowers companies to offer payments and collections through channels their customers already use every day, such as apps, conversational platforms, apps, websites, software, and more. Developed by the company's in-house incubator Globant X, WaaSabi is a B2B fintech solution with more than 42 features in a single API that offers plug-and-play functionality with payment and services providers, allowing companies to deliver the e-wallet experience that best suits their industry and regional needs.

Globant Launches WaaSabi Platform, Enabling Customers to Add Digital Wallets on Any Digital Experience

November 3 event will be hosted by Swan Sit and feature speakers such as Karlie Kloss, Arianna Huffington, Refik Anadol and Tristan Harris, among others CONVERGE to deliver exclusive, actionable insights about the latest tech trends Register for free at https://converge.globant.com NEW YORK , Oct. 20, 2022 /PRNewswire/ -- Globant  (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced its annual flagship event, CONVERGE: Reinventing Connections, will be streamed by CNBC on November 3, 2022 at 12:00 p.m. EDT. This new edition of CONVERGE will showcase how a future driven by the intersection of technology and humanity can lead to a new era of connection, and will bring together forward-looking thinkers, innovators, technologists, and decision-makers in a global event to share stories of people and ideas that are powering reinvention.

Save the Date for Globant's CONVERGE: Reinventing Connections

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) Could Beat Earnings Estimates Again

Globant will be the Global Platform Supporter of FIFA+, leveraging the latest technologies to enhance the user experience on FIFA's game-changing digital platform. The digital consultant and software development provider will support and sponsor flagship events as part of the multi-year deal, including the FIFA World Cup Qatar 2022™ and the FIFA Women's World Cup Australia & New Zealand 2023™.

FIFA announces partnership with Globant to wide-ranging FIFA+ and multi-tournament agreement

Globant (GLOB) possesses solid growth attributes, which could help it handily outperform the market.

Globant (GLOB) is an Incredible Growth Stock: 3 Reasons Why

NEW YORK & SAN FRANCISCO--(BUSINESS WIRE)--FTV Capital, a prominent growth equity investment firm, today announced its inclusion for the second consecutive year on Inc.'s annual Founder-Friendly Investors list honoring the private equity and venture capital firms with the best track records of success backing entrepreneurs. The recognition comes on the heels of several milestones for the firm, including the close of its largest fund at $2.3 billion in March 2022 and continued strong momentum ov

FTV Capital Named to Inc.'s Founder-Friendly Investors List for Second Consecutive Year

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Sysdata is an Italian leading business and technology consultancy company with an impressive client and service portfolio. With this acquisition, Globant will land in Italy to expand its footprint of clients and propel the relationship with Sysdata's long-standing ones.

Globant acquires Italian-based Sysdata to expand its digital transformation capabilities in Europe

The new joint venture will expand and accelerate the services and products currently offered by LaLiga Tech, leveraging Globant's focus on the latest technologies and trends to transform sport and entertainment experiences around the globe MADRID , Sept. 28, 2022 /PRNewswire/ -- Globant  (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, and LaLiga, Spain's top-flight football competition, announced today that they had reached an agreement to create a joint venture to establish a global technology company that will lead the reinvention of the sports and entertainment industry.

Globant and LaLiga reach an agreement to create a global technology company to reinvent the Sports and Entertainment Industry

3 Reasons Growth Investors Will Love Globant (GLOB)

Globant (GLOB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Globant (GLOB) Upgraded to Strong Buy: What Does It Mean for the Stock?

Quadrant Knowledge Solutions conducted in-depth research of the major Healthcare IT Services vendors by evaluating their product portfolio, market presence, and customer value proposition. Globant's key differentiator in Healthcare IT Services is its end-to-end capabilities, from consultancy to development and implementation.

Globant named Leader in the 2022 SPARK Matrix for Healthcare IT Services by Quadrant Knowledge Solutions

The Report highlights how businesses, across verticals, can use blockchain to drive reinvention SAN FRANCISCO , Sept. 15, 2022 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, published its Sentinel Report, "Blockchain, a game-changer for every industry.

Globant Publishes Sentinel Report on Industry Impact of Blockchain

Building on 16 years of consecutive revenue growth, the investment will expand Patra's customer reach and capabilities while bringing streamlined processes and automation to insurance EL DORADO HILLS, Calif. , Sept. 13, 2022 /PRNewswire/ -- Patra Corporation , a leading technology-enabled services company for the insurance industry, today announced a $146 million growth investment as part of a recapitalization from FTV Capital, a sector-focused growth equity firm with nearly 25 years of experience investing in technology-enabled services.

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