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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The average of price targets set by Wall Street analysts indicates a potential upside of 30% in Globant (GLOB). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

How Much Upside is Left in Globant (GLOB)? Wall Street Analysts Think 30%

Globant S.A. (GLOB) CEO Martin Migoya on Q4 2021 Results - Earnings Call Transcript

Globant (GLOB) delivered earnings and revenue surprises of 4.90% and 5.14%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Globant (GLOB) Surpasses Q4 Earnings and Revenue Estimates

Strong End to the Year and Robust Outlook Fourth quarter revenues of $379.8 million, up 63.3% year-over-year IFRS Diluted EPS of $0.68 for the fourth quarter Non-IFRS Diluted EPS of $1.07 for the fourth quarter Full year 2021  revenues of $1,297.1 million, up 59.3% year-over-year IFRS Diluted EPS of $2.28 for the full year Non-IFRS Diluted EPS of $3.76 for the full year NEW YORK, Feb. 17, 2022 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced results for the three months and year ended December 31, 2021. Please see highlights below, including certain Non-IFRS measures.

Globant Reports 2021 Fourth Quarter and Full Year Financial Results

NEW YORK, Feb. 17, 2022 /PRNewswire/ --  Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, announced an extension of its ESG commitments to celebrate the second anniversary of its Be Kind global initiative. "At Globant, we embrace our responsibility to be a force for positive change.

Globant Expands Its ESG Commitments With New Goals for its Be Kind Program

Globant is an IT and software development company helping large organizations change through digital and cognitive transformation.

Globant: Massive Clients And M&A Experience Imply Higher Valuation

LUXEMBOURG, Feb. 10, 2022 /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, 2021 on Thursday February 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 Fourth Quarter 2021 Financial Results on February 17th

BERLIN, Feb. 10, 2022 /PRNewswire/ --  Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced its arrival to the DACH region, which encompasses Germany, Austria and Switzerland, as part of its European expansion strategy. At a moment where all businesses need to transform in order to grow and stay relevant to their customers, Globant's strengthening of its footprint in Europe will enable the company to work with more leading global companies to accelerate their digital and cognitive transformation journeys.

Globant, the Global Leader in Digital Transformation, Enters the German Market

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NEW YORK, Feb. 4, 2022 /PRNewswire/ --  Globant  (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, published its latest Sentinel Report,  "Imagining the Future of Sales." The report details how companies can successfully create personalized, customer-centric experiences and explores how different industries such as financial services, energy, travel and telecommunications are adapting to the new digital sales landscape.

Globant's New Sentinel Report on Digital Sales: 4 key enablers to increase revenue and customer engagement

NEW YORK, Jan. 18, 2022 /PRNewswire/ --  Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, presented today "Seek Reinvention," its first-ever commercial film. Created with GUT Buenos Aires, it tells a story about how modern life would function if several key technology transformations had not occurred.

Globant Presents "Seek Reinvention," Its First Commercial Film

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Globant benefits from great leadership and a big market opportunity.

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SAN FRANCISCO, Dec. 16, 2021 /PRNewswire/ --  Globant  (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, announced today it has established a partnership with PIXELYNX , a leading music metaverse gaming platform driving the transformation of artists and fan connection and engagement. The partnership strategy combines Globant's expertise in emerging technologies with PIXELYNX's world-class team of music pioneers and seasoned game developers to advance the evolution of music, NFTs and entertainment in the metaverse.

Globant & PIXELYNX Announce Partnership to Launch the Leading Music Metaverse Platform

SAN FRANCISCO, Dec. 7, 2021 /PRNewswire/ --  Globant  (NYSE: GLOB), a digitally native company focused on reinventing business through innovative technology solutions, announced today the formation of a new advisory board to its North American management team. The newly established group of advisors will provide strategic and sustainable counsel to Globant in North America to reinforce exponential growth, as many clients continue to shift to a digital-first way of working brought on by the pandemic.

Globant Appoints Strategic Advisory Board to Drive Growth in North America

Leveraging its experience in transforming organizations, Globant reinvents its signature Studio model: while the Digital Studios will continue focusing on the latest trends and technologies, the new Reinvention Studios will focus on transforming industries. The portfolio of Reinvention Studios now includes Gaming, Media & Entertainment, Life Sciences and the newly created Financial, Travel & Hospitality, and Airlines Studios, and will keep evolving over time NEW YORK, Dec. 6, 2021 /PRNewswire/ --  Globant  (NYSE: GLOB), a digitally native company focused on transforming businesses through innovative technology solutions, announced an expansion of its distinctive Studio Model and launched the new Reinvention Studios  to consolidate its industry knowledge.

Globant Launches New Reinvention Studios to Impact Industries with Digital Transformation

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Globant S.A. (GLOB) CEO Martin Migoya on Q3 2021 Results - Earnings Call Transcript

Globant (GLOB) delivered earnings and revenue surprises of 5.38% and 4.41%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Globant (GLOB) Surpasses Q3 Earnings and Revenue Estimates

Third quarter revenues of $341.8 million, up 65.0% year-over-year IFRS Diluted EPS of $0.60 for the third quarter Non-IFRS Diluted EPS of $0.98 for the third quarter LUXEMBOURG, Nov. 18, 2021 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced results for the three and nine months ended September 30, 2021. Please see highlights below, including certain Non-IFRS measures.

Globant Reports 2021 Third Quarter Financial Results

NEW YORK, Nov. 15, 2021 /PRNewswire/ --  Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, announced today that it has entered into a definitive agreement to acquire Navint, a leading Lead-to-Revenue Salesforce partner that helps organizations drive growth and operational efficiency. Navint is focused on augmenting organizations' internal capabilities, with deep know-how working on business processes, tools and technologies across every stage of the company lifecycle: Sales, Service, Finance and Delivery.

Globant acquires Navint, a North America based premier lead-to-revenue transformation company

NEW YORK, Nov. 11, 2021 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced it will release results for the third quarter ended September 30th, 2021 on Thursday November 18th, 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 Third Quarter 2021 Financial Results on November 18th

SAN FRANCISCO, Nov. 11, 2021 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing business through innovative technology solutions, announced the launch of BeKindTech Fund, a new initiative from G lobant Venture s that aims to tackle the negative societal effects created by the misuse or misapplication of technology. "We believe that tech is inherently good and improves lives around the world.

Globant Launches A $10 USD Million Venture Fund To Support Tech Startups Tackling The Misuse Of Technology In Society

Globant to host global event on new tech horizons featuring, Prof. Yuval Harari, will.i.am and Cathy Hackl Hosted by James Corden,   some of the brightest minds that are reshaping the future will reunite at CONVERGE to discuss the impact of technology in humanity and analyze new trends like metaverse, blockchain and AI, among others Register for free at https://converge.globant.com/ SAN FRANCISCO, Nov. 3, 2021 /PRNewswire/ --  Globant  (NYSE: GLOB), a digitally native company focused on reinventing business through innovative technology solutions, presents its conference for business leaders, investors and global talent: "CONVERGE: " The Power of Reinvention ".

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