GLOB Stock Recent News

Globant (GLOB) came out with quarterly earnings of $1.51 per share, beating the Zacks Consensus Estimate of $1.50 per share. This compares to earnings of $1.36 per share a year ago.

Growth Outlook Remains Strong, Executing on Profitability Second quarter revenues of $587.5 million, up 18.1% year-over-year IFRS Diluted EPS of $0.87 for the second quarter Non-IFRS Adjusted Diluted EPS of $1.51 for the second quarter LUXEMBOURG , Aug. 15, 2024 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced results for the three and six months ended June 30, 2024. Please see highlights below.

LUXEMBOURG , Aug. 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 second quarter ended June 30th, 2024 on Thursday, August 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 (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 has maintained a solid revenue growth rate (16%) as customers transition to AI implementation. The company could be a second-stage AI facilitator and surprise the market with higher growth. The consensus forecast of over 18% EPS (cash) growth in 2025 has not been priced in with valuation at 1x PEG.

Globant S.A. GLOB has announced a collaboration with Amazon Web Services (“AWS”) to assist customers in utilizing RISE with SAP solution for upgrading on-premise SAP enterprise resource planning (ERP) systems and migrating to the cloud.

The companies will provide increased support for customers moving their SAP applications to the cloud ORLANDO, Fla. , July 16, 2024 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced that it is working with   Amazon Web Services (AWS) to help customers leverage RISE with SAP to modernize their on-premise SAP enterprise resource planning (ERP) and migrate to the cloud.

Globant (GLOB) introduces the AI Reinvention Network to drive substantial advancements in business operations and consumer experiences.

The company accelerates the adoption of AI through Studios tailored to make key industries ready for advanced transformation SAN FRANCISCO , July 11, 2024 /PRNewswire/ -- Globant  (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, has launched its AI Reinvention Network, updating its Studios to support various industries in their AI acceleration. "Helping our clients navigate the ever-changing world of technology has always been our top priority.

Globant (GLOB) integrates proprietary AI Agents into the software development life cycle and accelerates the process of AI adoption among various industries.