The LA Clippers have teamed up with Globant to enhance the fan experience at the Intuit Dome, which has welcomed over 400,000 fans in its first six months. Globant, a company that specializes in innovative technology solutions, is helping to shape the future of smart stadiums worldwide. According to George Hanna, the Clippers' Chief Technology & Digital Officer, incorporating technology was essential in creating this cutting-edge arena.
We have put together a list of the 10 IT services stocks that analysts believe are currently underperforming but could be worth buying. In this article, we will examine how Globant S.A. (NYSE:GLOB) compares to other stocks in the IT services sector. This industry includes a variety of technology-based solutions, such as consulting and software development.
LUXEMBOURG, Feb. 28, 2025 /PRNewswire/ -- Globant S.A. (NYSE: GLOB), a technology services company focused on digital solutions, has announced that it has submitted its annual report on Form 20-F for the year ending December 31, 2024 (the "2024 Annual Report") to the U.S. Securities and Exchange Commission ("SEC").
Globant, a global IT firm, has a buy rating with a target price of $183, suggesting an 18% increase by the end of the year. Although the company has faced challenges and missed revenue expectations because of currency problems in Latin America, its core strengths are still strong, especially with opportunities in new regions like the Middle East. Additionally, GLOB's involvement in significant projects such as Saudi Arabia's Qiddiya could greatly enhance its market presence and growth.
Globant's performance in the fourth quarter of 2024 is influenced by its smart investments in artificial intelligence and the growth of its services.
Globant S.A. (NYSE:GLOB) will hold its Q4 2024 Earnings Conference Call on February 20, 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, welcoming everyone to the discussion.
Globant (GLOB -3.42%), a top company in IT and software services, announced its fourth-quarter earnings on February 20. The company's adjusted diluted earnings per share (EPS) of $1.75 slightly surpassed analysts' predictions of $1.74.
Globant (GLOB) reported quarterly earnings of $1.75 per share, which is higher than the Zacks Consensus Estimate of $1.74 per share. This is an increase compared to earnings of $1.62 per share from the same period last year.
Globant reported strong financial results for the fourth quarter, with revenues reaching $642.5 million, a 10.6% increase compared to the previous year. The company also achieved an IFRS Diluted EPS of $0.85 and a Non-IFRS Adjusted Diluted EPS of $1.75 for the quarter. For the entire year of 2024, revenues totaled $2,415.7 million, marking a 15.3% rise year-over-year, with an IFRS Diluted EPS of $3.72 and a Non-IFRS Adjusted Diluted EPS of $6.40.
LUXEMBOURG, Feb. 13, 2025 /PRNewswire/ -- Globant (NYSE: GLOB), a company that focuses on transforming businesses with innovative technology, has announced that it will share its financial results for the fourth quarter and the entire year ending December 31, 2024, on Thursday, February 20, 2025, 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.