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This cutting-edge development aims to enhance the competitive experience of a sport that challenges race teams to perform at their highest potential. Designed with next-generation technology, the Team Content Delivery System focuses on responsiveness and usability facilitating quicker and more informed decision-making during critical race moments.
LA Clippers partner with Globant on Intuit Dome technology project that powers fan experience for the 400,000+ fans who have entered Intuit Dome in its first six months LOS ANGELES , March 6, 2025 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced the impact of its work to innovate the fan experience at the LA Clippers' Intuit Dome in Inglewood, California, creating a roadmap for the smart stadium revolution happening globally. "When Steve Ballmer set out to build the most innovative arena for the LA Clippers, it was clear that technology expertise had to be at the core of Intuit Dome's development, design and deployment," said George Hanna, Chief Technology & Digital Officer at the Los Angeles Clippers.
LUXEMBOURG , Feb. 28, 2025 /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, 2024 (the "2024 Annual Report") with the U.S. Securities and Exchange Commission ("SEC").
Globant has plunged over 30% on mixed quarter and soft guidance. Top-line growth is decelerating, and it is no longer an aberration. Despite the recent plunge, the stock still commands premium pricing.
Globant, a multinational IT company, is rated a buy with a price target of $183, projecting an 18% upside by year-end. Despite recent underperformance and revenue misses due to LATAM currency issues, GLOB's fundamentals remain solid with growth prospects in new markets like the Middle East. GLOB's participation in major projects like Saudi Arabia's Qiddiya could significantly boost its market penetration and overall growth.
Globant's Q4 2024 performance is driven by its strategic investments in artificial intelligence and the expansion of its service offerings.
Globant S.A. (NYSE:GLOB ) Q4 2024 Earnings Conference Call February 20, 2024 4:30 PM ET Company Participants Arturo Langa - IR Martin Migoya - Co-Founder and CEO Diego Tartara - Chief Technology Officer Patricia Pomies - COO Juan Urthiague - CFO Conference Call Participants James Schneider - Goldman Sachs Puneet Jain - JPMorgan Maggie Nolan - William Blair Jamie Friedman - Susquehanna Jonathan Lee - Guggenheim Zachary Ajzenman - TD Cowen Sean Kennedy - Mizuho Surinder Thind - Jefferies Divya Goyal - Scotia Arvind Ramnani - Piper Sandler Arturo Langa Good day, and welcome to Globant's Fourth Quarter and Full Year 2024 Earnings Conference Call.
Globant (GLOB -3.42%), a leader in IT and software services, released its fourth-quarter earnings on Feb. 20. The Luxembourg-based company's non-IFRS adjusted diluted EPS of $1.75 marginally exceeded analysts' expectations of $1.74.
Globant (GLOB) came out with quarterly earnings of $1.75 per share, beating the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $1.62 per share a year ago.
Ending On A High Note Fourth quarter revenues of $642.5 million, up 10.6% year-over-year IFRS Diluted EPS of $0.85 for the fourth quarter Non-IFRS Adjusted Diluted EPS of $1.75 for the fourth quarter Full year 2024 revenues of $2,415.7 million, up 15.3% year-over-year IFRS Diluted EPS of $3.72 for the full year Non-IFRS Adjusted Diluted EPS of $6.40 for the full year LUXEMBOURG , Feb. 20, 2025 /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, 2024. Please see highlights below.