GLOB Stock Recent News

Globant S.A. GLOB reported worse-than-expected first-quarter financial results, issued second-quarter guidance below estimates, and cut its FY25 guidance, after the closing bell on Thursday.

GLOB faces near-zero growth in 2025 due to macro headwinds and delayed IT spending, but this slowdown is sector-wide, not company-specific. Management is guiding conservatively, yet a strong pipeline and new AI subscription model could drive a 2026 rebound and high-teens growth by 2027. Valuation has reset after the recent selloff; at 0.9x PEG, downside appears limited, and upside could be significant if growth resumes as forecast.

Globant's Q1 performance reflects steady top-line growth and margins driven by AI tailwinds amid macroeconomic headwinds, fueling a cautious spending approach.

U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Friday.

Globant (GLOB) came out with quarterly earnings of $1.50 per share, missing the Zacks Consensus Estimate of $1.58 per share. This compares to earnings of $1.53 per share a year ago.

Globant S.A. (NYSE:GLOB ) Q1 2025 - Earnings Conference Call May 15, 2025 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 Tien-tsin Huang - JPMorgan Jim Schneider - Goldman Sachs Brian Bergen - TD Cowen Jamie Freeman - Susquehanna Maggie Nolan - William Blair Jonathan Lee - Guggenheim Sean Kennedy - Mizuho Divya Goyal - Scotiabank Arvind Ramnani - Piper Sandler Operator Good afternoon and welcome to Globant's First Quarter 2025 Earnings Conference Call.

First quarter revenues of $611.1 million, up 7.0% year-over-year IFRS Diluted EPS of $0.68 for the first quarter Non-IFRS Adjusted Diluted EPS of $1.50 for the first quarter LUXEMBOURG , May 15, 2025 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced results for the three months ended March 31, 2025. Please see highlights below.

Strong performance from Bajaj Finance and MercadoLibre drove quarterly gains, supported by robust growth, solid earnings, and management continuity. Cloudflare remains a high-conviction holding due to durable top-line growth, expanding product offerings, and a unique edge network for AI applications. Nvidia's stock correction was driven by AI adoption concerns, but we maintain high conviction given its differentiated platform and strong datacenter performance.

This reinvention partnership reinforces Globant's growing footprint in Saudi Arabia's sports ecosystem. Powered by AI and cutting-edge technology, the new platform will raise the operational standards of Saudi Pro League to match the world's leading football tournaments The Competition Management Solution will automate core processes and enhance the experience for players, coaches, and league officials, while integrating advanced AI to support faster and more accurate decision-making RIYADH, Saudi Arabia , May 12, 2025 /PRNewswire/ -- Globant  (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, has partnered with Saudi Pro League (SPL) to implement the cutting-edge Competition Management Solution provided by Sportian, Globant's sports division.

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.