Continue Reading Game On Report - Gaming 2026 Global gaming revenues are projected to reach $189 billion this year (Newzoo, 2025), with evolving player expectations and disruptive technologies transforming how the industry creates, delivers, and sustains experiences. According to the report, gaming's transformation is no longer just about better graphics or bigger worlds — it's about the systems that power them. Portables and cloud platforms are changing where and how people play. AI is optimizing the devel ...

Core Insights - Globant SA reported third-quarter earnings of $1.53 per share, missing the analyst consensus estimate of $1.54 per share, while quarterly sales reached $617.143 million, surpassing the consensus estimate of $615.376 million [1] Group 1: Financial Performance - The company's earnings per share (EPS) for the third quarter was $1.53, which was below the expected $1.54 [1] - Quarterly sales amounted to $617.143 million, exceeding the analyst consensus of $615.376 million [1] Group 2: Strategic Focus - The CEO of Globant emphasized the company's commitment to a long-term growth strategy based on four pillars: AI Pods, subscription model, AI Studios, and Globant Enterprise AI platform [2] - The company announced AI-transformational projects for top clients in various industries, indicating a focus on high-potential accounts [2] - The vision is to be the partner of choice for organizations implementing AI across multiple layers, supported by an entrepreneurial culture [2] Group 3: Market Reaction - Following the earnings announcement, Globant shares fell by 0.7%, trading at $62.41 [3] - Analysts adjusted their price targets for Globant, with Needham maintaining a Buy rating but lowering the target from $85 to $80, and JP Morgan maintaining a Neutral rating with a target reduction from $78 to $75 [8]

F3Q25 INVESTOR PRESENTATION Technology that dares to delight INVESTMENT HIGHLIGHTS Pure play in the digital and cognitive space Organized into Studios, delivering domain expertise in emerging technologies and industries Strong set of Accelerators that leverage AI and other technologies to reinvent key aspects of organizations Proven ability to acquire and integrate complementary, bolt-on acquisitions Experienced and founder-led management team Recurring and blue chip customer base Global presence, leveragin ...

Core Insights - Globant reported third quarter revenues of $617.1 million, marking a 0.4% year-over-year growth, and generated $67.5 million in free cash flow [3][8][10] - The company emphasized its commitment to long-term growth through AI-driven solutions and a focus on high-potential accounts [2][3] - Adjusted operating margin increased to 15.5%, despite currency headwinds, reflecting improved profitability [3][8] Financial Highlights for Q3 2025 - Revenues reached $617.1 million, with an adjusted operating margin of 15.5% [3][8] - IFRS diluted EPS was $0.73, down from $0.98 in Q3 2024, while non-IFRS adjusted diluted EPS was $1.53, compared to $1.63 in the same period last year [8] - Gross profit margin was 34.8%, a decrease from 36.2% in Q3 2024 [8] Financial Highlights for Nine Months Ended September 30, 2025 - Total revenues for the nine months were $1,842.4 million, representing a 3.9% year-over-year growth [8] - IFRS diluted EPS for the nine months was $1.35, down from $2.88 in the previous year, while non-IFRS adjusted diluted EPS was $4.57, compared to $4.67 [8] - The gross profit margin for the nine months was 35.0%, compared to 35.8% in the same period of 2024 [8] Operational Metrics - As of September 30, 2025, Globant employed 29,020 individuals, with 27,123 in technology, design, and innovation roles [8][24] - Revenue breakdown for Q3 2025: 53.8% from North America, 19.9% from Latin America, 19.4% from Europe, and 6.9% from new markets [8][24] - The company served 978 customers in the last twelve months, with 339 accounts generating over $1 million in annual revenues, an increase from 331 year-over-year [8][24] Future Outlook - For Q4 2025, revenues are estimated to be at least $605.0 million, reflecting a -5.8% year-over-year decline [10][14] - Fiscal year 2025 revenues are projected to be at least $2,447.4 million, indicating a minimum of 1.3% year-over-year growth [10][14] - Non-IFRS adjusted profit from operations margin for Q4 2025 is expected to be at least 15.0% [10][14]

Core Insights - Globant and LALIGA have signed a Memorandum of Understanding (MoU) to transform LALIGA's operations through the adoption of artificial intelligence (AI) [1][4] - The partnership will utilize Globant's AI Pods subscription model, which consists of teams of AI agents supervised by experts to enhance operational efficiency [2][4] - The collaboration aims to create AI agents in key areas such as talent development, operations, and technology to improve sports performance analysis and workflow automation [3][4] Company Overview - Globant is a digitally native company focused on reinventing businesses through innovative technology solutions, with a strong emphasis on AI and digital transformation [1][8] - LALIGA is the largest football ecosystem globally, comprising 20 clubs in LALIGA EA SPORTS and 22 in LALIGA HYPERMOTION, with a significant social media following of over 258 million [6][7] Strategic Goals - LALIGA aims to incorporate AI as a strategic pillar for operational excellence and to modernize its competition, enhancing fan engagement [4] - The partnership is expected to set a precedent in the sports industry by being the first global sports organization to adopt agentic AI models [4][5] Technological Impact - The AI Pods model has been successfully implemented in various industries, including aviation and banking, indicating its potential for scalability and effectiveness in sports [2][3] - Sportian, the joint venture between Globant and LALIGA, will leverage AI to create a comprehensive suite of technological solutions for sports organizations [3][5]

Core Insights - Globant will release its third quarter financial results for the period ending September 30, 2025, on November 13, 2025, after market hours [1][4] - Following the earnings release, a video conference call will be held with key executives discussing the results, starting at 4:30 pm ET [2] Company Overview - Globant is a digitally native company focused on transforming businesses through innovative technology solutions, emphasizing digital reinvention and AI-powered services [3][5] - The company employs over 30,000 people across more than 35 countries and serves notable clients such as Google, Electronic Arts, and Santander [5] - Globant has been recognized as a leader in AI services and media consultation by IDC MarketScape and is noted as the fastest-growing IT brand globally [5] Recent Developments - Globant and YPF have launched Digital Suppl.AI, an AI-based platform aimed at modernizing and optimizing supply chain processes [6]

Core Insights - YPF and Globant have launched Digital Suppl.AI, an AI-based platform aimed at modernizing YPF's supply chain processes [2][9] - The platform includes eight agentic solutions focusing on procurement and inventory management to enhance business competitiveness [2][4] - The initiative aligns with YPF's Vision 2030, which aims for greater efficiency, competitiveness, and sustainability in operations [9][10] Company Overview - YPF is Argentina's leading energy company and the largest shale oil operator outside the United States, involved in various sectors of the energy value chain [11] - Globant specializes in digital transformation and AI solutions, providing technology and creativity to enhance enterprise performance [11][14] Project Details - Digital Suppl.AI will utilize 46 specialized AI agents to optimize sourcing, inventory, contract, and supplier management [9] - The project is executed under Globant's AI Pods model, which combines AI agents with human supervision to improve productivity and speed [2][9] - The platform is designed to automate processes, enhance decision-making, and provide personalized user experiences through natural language interaction [3][4] Strategic Goals - YPF aims to increase exports to over 30 billion dollars by 2031, with the Digital Suppl.AI project being crucial for achieving this target [6][10] - The partnership with Globant supports YPF's 4x4 Plan, which focuses on improving operational efficiency and positioning the company as a competitive player in the global energy market [10]

Core Viewpoint - Globant S.A. has approved a new share repurchase program, allowing for the repurchase of up to $50 million per quarter, with a total maximum of $125 million from Q4 2025 to Q4 2026 [1][11]. Group 1: Share Repurchase Program Details - The share repurchase program reflects the company's confidence in its long-term strategy and aims to enhance shareholder value [2]. - The program is supported by the company's free cash flow generation and is part of a disciplined capital allocation strategy, while still allowing for investments in strategic growth initiatives [3]. - Repurchases will be made at the discretion of the company, influenced by various factors such as market conditions, share price, and corporate liquidity [4][5]. Group 2: Company Overview and Market Position - Globant operates in over 35 countries with more than 30,000 employees, serving major clients like Google and Electronic Arts [8]. - The company has been recognized as a leader in AI services and media consultation, and is noted as the fastest-growing IT brand globally [8]. - Globant is actively involved in partnerships with major technology firms like Open AI and NVIDIA, focusing on innovation across industries [8].

Core Insights - Globant has entered into a multi-year strategic collaboration agreement with Amazon Web Services (AWS) to enhance global support for cloud migrations and generative AI adoption [1][2][3] - The collaboration focuses on various industries including Media and Entertainment, Banking and Financial Services, and Automotive, aiming to modernize operations and improve customer experiences [2][3] Group 1: Strategic Collaboration - The agreement builds on over a decade of partnership between Globant and AWS, enhancing their capabilities in cloud innovation and AI adoption [3] - Globant will utilize AWS services to support digital transformation initiatives across multiple sectors, leveraging its global presence and industry expertise [2][3] Group 2: Industry-Specific Solutions - The collaboration aims to deliver tailored solutions that address unique industry challenges, such as real-time analytics for Formula 1 and customer experience reimagination for financial institutions [3][4] - Globant's AWS Studio, launched in August 2023, serves as a center of excellence for AWS solutions, further strengthening their partnership [3][4] Group 3: Competencies and Recognition - Globant has achieved AWS Premier Tier Services Partner status and various competencies, including Managed Security Services Provider and Media and Entertainment Competency, highlighting its expertise in cloud security and service delivery [3][4] - The partnership emphasizes the importance of cybersecurity, providing clients with 24/7 monitoring and protection to innovate confidently [4] Group 4: Broader Strategy - The collaboration aligns with Globant's strategy to transform traditional IT services through AI-driven models, such as AI Pods, which offer speed, flexibility, and cost efficiency [5][6] - Globant's focus on digital reinvention and AI capabilities aims to turn challenges into measurable business results for clients [6]

Core Viewpoint - Globant's recent financial report indicates that while the company is optimistic about future growth driven by AI, current performance metrics show only modest improvements, leading to investor disappointment [1][3][6]. Financial Performance - Total revenue for Q2 2025 was $614.2 million, a 5% increase from $587.5 million in Q2 2024, exceeding expectations [2]. - Adjusted earnings per share rose to $1.53, a 1% increase from $1.51 in the previous year, also beating expectations [2]. - Adjusted gross profit margin remained unchanged at 38.1%, while adjusted operating margin slightly decreased to 15% from 15.1% [2]. AI and Future Prospects - The company is focusing on generative AI adoption, with initiatives like AI Pods and AI Studios, but acknowledges that significant work remains to realize the full potential of these technologies [4]. - Globant's sales pipeline reached an all-time high of $3.7 billion, indicating strong future sales potential as more clients seek AI-driven solutions [5]. Market Reaction - Following the quarterly report, Globant's stock fell by 7%, reflecting investor dissatisfaction with the sales and earnings results, which did not meet high expectations for growth [6]. - Guidance for Q3 projects sales of $615 million, representing only a 0.1% year-over-year growth, and fiscal 2025 expectations of at least $2.445 billion, a mere 1.2% increase from 2024 [7]. Investor Sentiment - Investors remain skeptical about Globant's ability to return to a growth trajectory similar to its performance in 2021, with 2025 proving challenging for shareholders [8]. - There is still potential for Globant to capitalize on the generative AI boom, but shareholder patience is waning, necessitating a stronger performance from the company [9].