Globant SA (GLOB) Stock

The annual report examines important areas that are likely to undergo significant changes soon. These changes indicate a shift towards a world where technology is easier to use, more caring, and seamlessly part of our daily lives.

Globant S.A. is likely to see faster growth in the next two years because of rising demand and a positive economic situation. Their latest earnings report indicated strong revenue growth and improved profit margins, with net income increasing by 12% year-over-year and earnings per share at $1.63. The company's valuation looks appealing, with the possibility of trading at a 22x forward EBITDA multiple as growth picks up, which could lead to considerable gains.

Globant S.A. (NYSE:GLOB) will hold its Q3 2024 Earnings Conference Call on November 14, 2024, at 4:30 PM ET. The call will feature company leaders including CEO Martin Migoya and CFO Juan Urthiague, along with various participants from financial institutions. Arturo Langa will open the call and welcome everyone.

Globant (GLOB) reported quarterly earnings of $1.63 per share, matching the Zacks Consensus Estimate. This is an increase from earnings of $1.48 per share from the same period last year.

Globant reported strong results for the third quarter, with revenues reaching $614.7 million, a 12.7% increase compared to the same period last year. The IFRS diluted earnings per share (EPS) for the quarter was $0.98, while the non-IFRS adjusted diluted EPS was $1.63. The company shared these results for the three and nine months ending September 30, 2024.

The event will include speakers like Stefano Domenicali, the President and CEO of F1; Marcos Galperin, the Founder and CEO of Mercado Libre; and Gwyneth Paltrow, the Founder and CEO of goop. They will talk about topics such as AI, creativity, and how to reinvent businesses. You can register for free at https://converge.globant.com/.

LUXEMBOURG, Nov. 7, 2024 /PRNewswire/ -- Globant (NYSE: GLOB), a company that focuses on transforming businesses with innovative technology, has announced it will share its third-quarter results for the period ending September 30, 2024, on Thursday, November 14, 2024, after the market closes. After the announcement, a video conference call will be held at 4:30 pm ET, featuring Martin Migoya, the CEO and co-founder, along with other key executives including the CFO, COO, and CTO.

In the latest edition of the Women that Build Awards, the global winners were Kavitha Krishnan from India, Margo Jordan from the United States, and Inés Huertas from Spain. They were honored at Converge, Globant's main annual event, and will be featured on the famous NYSE Billboard in Times Square. Globant, a company dedicated to transforming businesses with innovative technology, announced these winners on October 21, 2024.

The Internet-Software & Services sector is facing challenges due to ongoing economic difficulties. However, companies like OKTA and GLOB are performing better than others.