The Internet-Software & Services industry is struggling because of persistent economic weakness. Stocks like OKTA and GLOB are a step ahead.
Globant (GLOB) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
To strengthen its footprint in the financial services sector, which forms a major part of its business, GLOB announces the acquisition of Blankfactor.
GLOB and Williams Racing team up to create an immersive fan experience in Formula 1 sport through digital transformation.
Globant S.A. NYSE: GLOB is a jack-of-all-trades focusing on enterprise digital transformation.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Globant (GLOB) posts healthy Q2 2024 results owing to an expanded footprint across all verticals and regions. Solid growth in AI-oriented revenues aid top-line results.
Globant S.A. (NYSE:GLOB ) Q2 2024 Earnings Conference Call August 15, 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 Tien-Tsin Huang - JP Morgan Jim Schneider - Goldman Sachs Maggie Nolan - William Blair Bryan Bergin - TD Cowen Jason Kupferberg - Bank of America Jonathan Lee - Guggenheim Divya Goyal - Scotiabank Arvind Ramnani - Piper Sandler Sean Kennedy - Mizuho Surinder Thind - Jefferies Leonardo Olmos - UBS Thiago Kapulskis - Itau Operator Good day and welcome to Globant's Second Quarter 2024 Earnings Conference Call.
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.
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.