PETAH-TIKVA, Israel, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Global-e (Nasdaq: GLBE), the platform powering global direct-to-consumer e-commerce, today announced it will report financial results for the fourth quarter and full year ended December 31, 2024, before market open on Wednesday, February 19, 2025. Global-e management will host a conference call to review its financial results and outlook. Date:Wednesday, February 19, 2025Time:8:00 AM ETUnited States/Canada Toll Free:+1-800-717-1738International Toll:+1- ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Global-e will support Victoria's Secret's key international markets and enable localized international D2C solutions to over 100 markets NEW YORK, Dec. 17, 2024 /PRNewswire/ -- Global-e (Nasdaq: GLBE), the platform powering global direct-to-consumer e-commerce, announced today that they have been selected by Victoria's Secret & Co., a world-leading intimates retailer, to advance their international online operations. With the support of Global-e, Victoria's Secret is now poised to bolster its e-commerce str ...

Core Viewpoint - Global-e Online is a rapidly growing e-commerce company that is moving towards profitability, presenting a compelling investment opportunity for those willing to take on risk [2][12] Company Overview - Global-e operates as a business-to-business company providing cross-border e-commerce solutions for retailers, handling back-end services without direct customer interaction [3] - The company offers services such as instant customs calculations and delivery options, facilitating global sales for retailers [4] Client Relationships - Global-e has a notable client list including major brands like Disney and Adidas, and continues to onboard new clients such as Doc Martens and Billabong [5] - The partnership with Shopify is significant, as Shopify was an early investor and now offers Global-e's services to its merchants through the Shopify Managed Markets program [6] Financial Performance - In Q3, Global-e's revenue grew by 32% year-over-year, driven by a 35% increase in gross merchandise volume (GMV) [6] - The adjusted gross margin improved from 44.4% to 46.8%, and adjusted EBITDA rose from $22.1 million to $31.1 million [7] - The net loss decreased from $33.1 million to $22.6 million, primarily due to the amortization of warrants related to the Shopify partnership [7][8] Future Outlook - Management has raised its full-year outlook based on positive Q3 results, indicating strong market reception [9] - Global-e is expected to achieve positive net income by mid-2025, with ongoing positive cash flow from operations [8] Valuation Metrics - Global-e's stock has increased by 26% this year, trading at a price-to-sales ratio of 12 and a forward P/E ratio of 50, which is lower than Shopify's ratios [10][11] - The company is positioned well for future growth as it expands its client base and platform capabilities [12]

For the quarter ended September 2024, Global-e Online Ltd. (GLBE) reported revenue of $175.97 million, up 31.7% over the same period last year. EPS came in at -$0.13, compared to -$0.20 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $168.6 million, representing a surprise of +4.37%. The company delivered an EPS surprise of +13.33%, with the consensus EPS estimate being -$0.15.While investors closely watch year-over-year changes in headline numbers -- revenue and ear ...

Exhibit 99.1 Global-e Reports Third Quarter 2024 Results PETAH-TIKVA, Israel, November 20, 2024 - Global-e Online Ltd. (Nasdaq: GLBE) the leader of global Direct-To-Consumer eCommerce enablement, today reported financial results for the third quarter of 2024. "We report today the results of another very strong quarter, with growth of GMV accelerating to 35% year over year and many new merchants going live ahead of the holiday season, including the iconic luxury department store Harrods," said Amir Schlachet ...

The upcoming report from Global-e Online Ltd. (GLBE) is expected to reveal quarterly loss of $0.15 per share, indicating an increase of 25% compared to the year-ago period. Analysts forecast revenues of $168.6 million, representing an increase of 26.2% year over year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to ...

Global-e Online Ltd. (GLBE) shares ended the last trading session 5.8% higher at $42.53. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 4.5% gain over the past four weeks.Global-e Online is experiencing positive momentum from its partnership with Harrods, which aims to expand the former’s global e-commerce reach.This company is expected to post quarterly loss of $0.15 per share in its upcoming report, which repres ...

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 ...