Global-e Online Ltd. (GLBE) reported $168.01 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 26%. EPS of -$0.13 for the same period compares to -$0.22 a year ago. The reported revenue represents a surprise of +1.38% over the Zacks Consensus Estimate of $165.73 million. With the consensus EPS estimate being -$0.16, the EPS surprise was +18.75%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectation ...

Exhibit 99.1 Global-e Reports Second Quarter 2024 Results PETAH-TIKVA, Israel, August 14, 2024 - Global-e Online Ltd. (Nasdaq: GLBE) the leader of global Direct-To-Consumer eCommerce enablement, today reported financial results for the second quarter of 2024. "We report today the results of another very strong quarter of margin expansion and strong growth all across the business, with the second quarter of 2024 breaking a record, being our first ever non-peak quarter with GMV trading above the $1 billion ma ...

Analysts on Wall Street project that Global-e Online Ltd. (GLBE) will announce quarterly loss of $0.16 per share in its forthcoming report, representing an increase of 27.3% year over year. Revenues are projected to reach $165.73 million, increasing 24.3% from the same quarter last year. Over the last 30 days, there has been a downward revision of 1.8% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initia ...

Global-e Online Ltd. (GLBE) shares rallied 7.4% in the last trading session to close at $35.85. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 6.9% gain over the past four weeks. This company is expected to post quarterly loss of $0.16 per share in its upcoming report, which represents a year-over-year change of +27.3%. Revenues are expected to be $165.8 million, up 24.4% from the year-ago quarter. For Globa ...

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Group 1 - Global-e Online Ltd. reported $145.87 million in revenue for Q1 2024, a 24% year-over-year increase, with an EPS of -$0.19 compared to -$0.26 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $142.23 million by 2.56%, while the EPS surprise was 13.64% above the consensus estimate of -$0.22 [1] - The stock has returned -11.7% over the past month, contrasting with the Zacks S&P 500 composite's +5.8% change, and currently holds a Zacks Rank 3 (Hold) [3] Group 2 - Gross Merchandise Value reached $929.51 million, surpassing the average estimate of $899.1 million from three analysts [4] - Revenue from Fulfillment services was $77.62 million, exceeding the average estimate of $75.12 million from four analysts, representing a 15.4% year-over-year change [4] - Revenue from Service fees was $68.26 million, compared to the average estimate of $67.11 million from four analysts, indicating a year-over-year increase of 35.6% [4]

Core Viewpoint - Wall Street analysts predict that Global-e Online Ltd. (GLBE) will report a quarterly loss of $0.23 per share, reflecting an 11.5% year-over-year increase, with revenues expected to reach $142.23 million, a 20.9% increase compared to the same quarter last year [1]. Financial Estimates - The consensus EPS estimate for the quarter has remained unchanged over the past 30 days, indicating a reassessment of initial projections by covering analysts [2]. - Analysts project 'Revenue by Category - Fulfillment services' to be $75.12 million, representing an 11.7% increase from the year-ago quarter [5]. - The estimate for 'Revenue by Category - Service fees' is $67.11 million, indicating a significant 33.3% increase from the prior-year quarter [5]. - The projected 'Gross Merchandise Value' is expected to reach $899.10 million, up from $703.9 million reported in the same quarter last year [6]. Market Performance - Over the past month, shares of Global-e Online have decreased by 12.2%, while the Zacks S&P 500 composite has increased by 2.5% [6]. - Currently, GLBE holds a Zacks Rank 3 (Hold), suggesting that its performance may align with the overall market in the near future [6].

PETAH-TIKVA, Israel, May 06, 2024 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE) the leader of global Direct-To-Consumer ecommerce enablement, today announced it will report financial results for the first quarter ended March 31, 2024, before market open on Monday, May 20, 2024. Global-e management will host a conference call to review its financial results and outlook. Date: Monday, May 20, 2024 Time: 8:00 a.m. ET United States/Canada Toll Free: 1-888-886-7786 International Toll: +1-416-764-8658 P ...

PETAH-TIKVA, Israel, May 06, 2024 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE) the leader of global Direct-To-Consumer ecommerce enablement, today announced it will report financial results for the first quarter ended March 31, 2024, before market open on Monday, May 20, 2024. Global-e management will host a conference call to review its financial results and outlook. Date:Monday, May 20, 2024Time:8:00 a.m. ETUnited States/Canada Toll Free:1-888-886-7786International Toll:+1-416-764-8658   Please ...