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 p...
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.
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...
LUXEMBOURG , Feb. 13, 2025 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced it will release results for the fourth quarter and full year ended December 31st, 2024 on Thursday, February 20th, 2025 after the close of regular market hours. Following the release, Martin Migoya, Globant's CEO &...
Globant and Red Sea Global collaborate on a pioneering project that integrates luxury and ultra-premium tourism experiences within a unique sustainable ecosystem. The Connected Visitor Experience aims to revolutionize luxury travel using AI, IoT, and data analytics, setting a new benchmark for personalized travel experiences.
NEW YORK & LONDON--(BUSINESS WIRE)-- #DigitalTransformation--Orbus Software announces strategic growth investment from FTV Capital and SilverTree Equity.
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