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 ...

This edition's global winners included Kavitha Krishnan, the Tech Executive Winner from India; Margo Jordan, the Tech Entrepreneur Winner from the United States; and Inés Huertas, the Tech Leader Winner from Spain.Global Winners received recognition at Converge, Globant's signature annual event, and will be showcased on the iconic NYSE Billboard in Times SquareNEW YORK, Oct. 21, 2024 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technol ...

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 ...

Blankfactor is a U.S.-headquartered product engineering firm specialized in Payments, Capital Markets, Wealth and Retirement, and Fintech in North America and the UK, with extensive experience in card issuing, merchant acquiring, and securities finance. _____________ Blankfactor has grown rapidly by leveraging highly specialized consultants coupled with deep vertical expertise in the financial services sector. The company also holds extensive expertise in AWS, Google Cloud, Microsoft Azure, Snowflake, and D ...

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]

Core Viewpoint - Globant (GLOB) reported strong second-quarter 2024 results, with non-GAAP EPS of $1.51, exceeding expectations and showing year-over-year growth from $1.36 [1][2] Financial Performance - Revenues for the quarter reached $587.5 million, reflecting an 18.1% increase year-over-year, driven by growth in various business segments [2] - Adjusted net income for the period was $66.9 million, marking a 13.6% increase from the previous year [7] - Non-IFRS adjusted gross margin was 38.1%, slightly down from 38.3% a year ago, while adjusted profit from operations margin improved to 15.1% from 15% [7] Customer and Market Insights - As of June 30, 2024, GLOB served 958 customers, with 19 clients generating over $20 million in annual revenues and 329 clients contributing more than $1 million, a 16.3% increase year-over-year [3] - The company's top five customers accounted for 8.3% of revenues, while the top ten contributed 30.3% [2] Segment Performance - Media and Entertainment revenues increased by 20% year-over-year to $133.1 million, driven by growth from the Walt Disney Company [4] - Travel & Hospitality revenues surged 58.9% year-over-year to $64 million, while Consumer, Retail & Manufacturing grew 38.7% to $109.1 million [5] - Healthcare revenues declined by 1.3% year-over-year to $42.3 million [5] Geographic Distribution - North America contributed 56.3% of total revenues, with Latin America at 23%, Europe at 16.9%, and New Markets at 3.8% [6] Future Outlook - For Q3 2024, GLOB projects revenues between $611 million and $617 million, indicating a year-over-year growth of 12.1% to 13.2% [8] - Full-year 2024 revenue guidance is set between $2,407 million and $2,421 million, suggesting a growth of 14.8% to 15.5% [9]