Globant (GLOB) reported third-quarter 2024 non-GAAP earnings per share (EPS) of $1.63, matching the Zacks Consensus Estimate. It reported earnings of $1.48 per share in the prior-year quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Revenues in the quarter totaled $614.7 million, almost in line with the Zacks Consensus Estimate. Total revenues rose 12.7% year over year. Globant’s emphasis on artificial intelligence (AI) has been a key growth driver. AI-related initiatives hav ...

Globant (GLOB) came out with quarterly earnings of $1.63 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.48 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this information technology services provider would post earnings of $1.50 per share when it actually produced earnings of $1.51, delivering a surprise of 0.67%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Globant ...

Exhibit 99.1 November 14, 2024 Globant Reports 2024 Third Quarter Financial Results Strong, Broad Based Results LUXEMBOURG / November 14, 2024 - Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced results for the three and nine months ended September 30, 2024. Please see highlights below. Note that reconciliations between IFRS and Non-IFRS financial measures are disclosed at the end of this press release. Represents Asia ...

The event will feature speakers such as Stefano Domenicali, President & CEO of F1; Marcos Galperin,  Founder & CEO of Mercado Libre; Gwyneth Paltrow, Founder & CEO of goop; Martin Wezowski, Chief Futurist at SAP; John Fanelli, VP of Enterprise Software at NVIDIA; and Pablo Beramendi, Director of Startups & AI at Google Cloud, among many others, to discuss AI, creativity, and business reinvention. Register for free at https://converge.globant.com/. LOS ANGELES, Nov. 13, 2024 /PRNewswire/ -- Globant (NYSE: ...

LUXEMBOURG, Nov. 7, 2024 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced it will release results for the third quarter ended September 30th, 2024 on Thursday, November 14th, 2024 after the close of regular market hours.Following the release, Martin Migoya, Globant's CEO & co-founder; Juan Urthiague, Globant's CFO; Patricia Pomies, Globant's COO; and Diego Tártara, Globant's CTO, will discuss the resul ...

• Qiddiya Investment Company (QIC) and Globant, a digitally native company focused on reinventing businesses through innovative technology solutions, announce a new landmark partnership to create a state-of-the-art digital ecosystem for Qiddiya City, the new global destination for entertainment, sports, and culture built on the foundations of play. • At the heart of this collaboration will be the Qiddiya "PLAY LIFE Connected Experience", offering visitors a seamless, personalized interface to book events an ...

Core Insights - Globant announced the global winners of the 5th edition of the Women that Build Awards, recognizing outstanding women in technology [1] - The awards have received over 350,000 votes and involved more than 6,500 candidates, supported by over 170 organizations and 270 international judges [1] Group 1: Global Winners - Kavitha Krishnan, Vice President at SAP Labs India, recognized for her innovative leadership and commitment to building high-performance teams [2] - Margo Jordan, Founder and CEO of Enrichly, awarded for her work in educational technology focusing on mental health and self-esteem for youth [3] - Inés Huertas, Global Head of Data & AI at Kairós, acknowledged for her expertise in Big Data and her role in empowering women in tech [4] Group 2: Event and Recognition - The winners were celebrated at Globant's annual event, Converge, and will be showcased on the NYSE Billboard in Times Square [1] - The judging panel included notable figures from various organizations, emphasizing the credibility and prestige of the awards [5] Group 3: Company Overview - Globant is a digitally native company focused on reinventing businesses through innovative technology solutions, with over 29,100 employees across 33 countries [6] - The company has been recognized as a leader in AI services and customer experience improvement, highlighting its strong position in the IT industry [6]

Globant (GLOB) shares rallied 9.6% in the last trading session to close at $212.29. 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 1.7% loss over the past four weeks. Globant is benefiting from increasing demand for generative AI solutions and a diversified client portfolio across various industry verticals. This information technology services provider is expected to post quarterly earnings of $1.64 per sha ...

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Group 1: Strategic Partnerships and Collaborations - Globant S.A. is focusing on strategic partnerships to enhance its market presence and drive revenue growth, collaborating with William Racing to improve fan engagement in Formula 1 [1] - In May 2024, Globant established a multi-year partnership with Formula 1 to provide advanced IT infrastructure, enhancing the digital experience for racing teams and audiences until 2026 [2] - The company has partnered with Amazon Web Services (AWS) to assist clients in upgrading SAP systems and migrating to the cloud, continuing a collaboration that began in 2011 [4] - Globant's subsidiary, Sportian, partnered with StadioPlus to drive digital transformation in sports and entertainment using AI and data analytics [5] - GeneXus, another subsidiary of Globant, partnered with NVIDIA to integrate AI technology into its enterprise AI platform [6] Group 2: Financial Performance - In the last reported quarter, Globant's revenues increased by 18.1% year over year to $587.5 million, driven by strong performance across various business segments [7] - The company reported a significant growth of 130% in AI-related sales during the first half of 2024, indicating a robust demand for its services [7] - The top five customers accounted for 21% of revenues, while the top ten customers contributed 30.3%, highlighting the company's reliance on a concentrated customer base [7] Group 3: Company Overview - Globant is a global provider of engineering, design, and innovation services, offering solutions in data management, quality assurance, mobile testing, and game testing [8] - The company had a headcount of 29,112 at the end of the June quarter, reflecting a year-over-year increase of 12.2% [8]