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    Globant Reports 2024 Fourth Quarter and Full Year Financial Results

    2/20/25 4:15:00 PM ET
    $GLOB
    EDP Services
    Technology
    Get the next $GLOB alert in real time by email

    Ending On A High Note

    • Fourth quarter revenues of $642.5 million, up 10.6% year-over-year
    • IFRS Diluted EPS of $0.85 for the fourth quarter
    • Non-IFRS Adjusted Diluted EPS of $1.75 for the fourth quarter
    • Full year 2024 revenues of $2,415.7 million, up 15.3% year-over-year
    • IFRS Diluted EPS of $3.72 for the full year
    • Non-IFRS Adjusted Diluted EPS of $6.40 for the full year

    LUXEMBOURG, Feb. 20, 2025 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced results for the three months and year ended December 31, 2024.

    Globant new logo (PRNewsfoto/Globant)

    Please see highlights below. Note that reconciliations between IFRS and Non-IFRS financial measures are disclosed at the end of this press release.

    Fourth Quarter 2024 Financial Highlights

    • Revenues rose to $642.5 million, representing 10.6% year-over-year growth.
    • IFRS Gross Profit Margin was 35.7% compared to 35.9% in the fourth quarter of 2023.
    • Non-IFRS Adjusted Gross Profit Margin was 38.3% compared to 38.0% in the fourth quarter of 2023.
    • IFRS Profit from Operations Margin was 9.1% compared to 9.5% in the fourth quarter of 2023.
    • Non-IFRS Adjusted Profit from Operations Margin was 15.7% compared to 15.3% in the fourth quarter of 2023.
    • IFRS Diluted EPS was $0.85 compared to $0.96 in the fourth quarter of 2023.
    • Non-IFRS Adjusted Diluted EPS was $1.75 compared to $1.62 in the fourth quarter of 2023.

    Full Year ended December 31, 2024 Financial Highlights

    • Revenues rose to $2,415.7 million, representing 15.3% year-over-year growth.
    • IFRS Gross Profit Margin was 35.7% compared to 36.1% for the full year 2023.
    • Non-IFRS Adjusted Gross Profit Margin was 38.2% compared to 38.1% for the full year 2023.
    • IFRS Profit from Operations Margin was 9.3% compared to 9.5% for the full year 2023.
    • Non-IFRS Adjusted Profit from Operations Margin was 15.4% compared to 15.2% for the full year 2023.
    • IFRS Diluted EPS was $3.72 compared to $3.64 for the full year 2023.
    • Non-IFRS Adjusted Diluted EPS was $6.40 compared to $5.74 for the full year 2023.

    Other Metrics as of and for the quarter ended December 31, 2024

    • Cash and cash equivalents and Short-term investments were $156.1 million as of December 31, 2024. As of December 31, 2024, we had a total amount of $290.7 million drawn from our credit facility.
    • Globant completed the fourth quarter of 2024 with 31,280 Globers, 29,198 of whom were technology, design and innovation professionals.
    • The geographic revenue breakdown for the fourth quarter of 2024 was as follows: 55.2% from North America (top country: US), 20.4% from Latin America (top country: Argentina), 17.7% from Europe (top country: Spain) and 6.7% from New Markets[1] (top country: Saudi Arabia).
    • Globant's top customer, top five customers and top ten customers for the fourth quarter of 2024 represented 9.1%, 19.8% and 29.3% of revenues, respectively.
    • During the twelve months ended December 31, 2024, Globant served a total of 1,012 customers (with revenues over $100,000 in the last twelve months) and continued to increase its wallet share, with 346 accounts generating more than $1 million of annual revenues, compared to 311 for the same period one year ago.
    • In terms of currencies, 64.8% of Globant's revenues for the fourth quarter of 2024 were denominated in US dollars.

    "For the past decade, we've strategically invested in AI, providing us with deep expertise that has set us apart from our competitors. We are orchestrating an ecosystem of AI agents through our specialized AI Studios, powered by our Globant Enterprise AI Platform. We combine our technology solutions with top creativity through Globant GUT. This focus on reinvention, coupled with our entrepreneurial culture, fueled our exceptional 2024 performance, where we grew 15% year over year. We remain confident in the future of Globant as we continue to lead in technological trends and advancements," said Martín Migoya, Globant's CEO and co-founder.

    "Globant achieved another quarter of record revenue, reaching $642.5 million, which reflects robust sequential growth, alongside an all-time high annual revenue of $2,415.7 million. This strong growth was driven by the expansion of our service offerings and global footprint, with important contributions from our AI Industry Reinvention Studio Network and our GUT Studio Network, which both posted growth above the company average. This is also aligned with our expectations and underscores our commitment to profitable expansion. Our healthy margins demonstrate our operational efficiency, even as we navigate evolving market dynamics. We are confident in our ability to maintain this momentum and build on our success as we head into 2025," explained Juan Urthiague, Globant's CFO.

    2025 First Quarter and Full Year Outlook

    Based on current market conditions, Globant is providing the following estimates for the first quarter and the full year of 2025:

    • First quarter 2025 Revenues are estimated to be in the range of $618.0 million to $628.0 million, or 8.2% to 10.0% year-over-year growth. This expected growth includes a negative FX impact of 2.0 percentage points.
    • First quarter 2025 Non-IFRS Adjusted Profit from Operations Margin is estimated to be in the range of 15.5% to 16.5%.
    • First quarter 2025 Non-IFRS Adjusted Diluted EPS is estimated to be in the range of $1.55 to $1.63 (assuming an average of 45.3 million diluted shares outstanding during the first quarter).
    • Fiscal year 2025 Revenues are estimated to be in the range of $2,635.0 million to $2,705.0 million, implying 9.1% to 12.0% year-over-year revenue growth. This expected growth includes a negative FX impact of 1.5 percentage points.
    • Fiscal year 2025 Non-IFRS Adjusted Profit from Operations Margin is estimated to be in the range of 15.5% to 16.5%.
    • Fiscal year 2025 Non-IFRS Adjusted Diluted EPS is estimated to be in the range of $6.80 to $7.20 (assuming an average of 45.5 million diluted shares outstanding during 2025).

    Conference Call and Webcast

    Martin Migoya, Globant's CEO and co-founder, Juan Urthiague, Globant's CFO, Patricia Pomies, Globant's COO, and Diego Tártara, Globant's  CTO, will discuss the fourth quarter 2024 results in a video conference call today beginning at 4:30pm ET.

    Video conference call access information is:

    https://more.globant.com/F4Q24EarningsCall

    Webcast http://investors.globant.com/ 

    About Globant (NYSE:GLOB)

    At Globant, we create the digitally-native products that people love. We bridge the gap between businesses and consumers through technology and creativity, leveraging our expertise in AI. We dare to digitally transform organizations and strive to delight their customers.

    We have more than 31,200 employees and we are present in more than 30 countries across 5 continents working for companies like Google, Electronic Arts and Santander, among others.

    We were named a Worldwide Leader in CX Improvement by IDC MarketScape report. We were also featured as a business case study at Harvard, MIT and Stanford. We are a member of the Cybersecurity Tech Accord.

    For more information, please visit www.globant.com

    Non-IFRS Financial Measures

    While the financial figures included in this press release have been computed in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board ("IASB"), this announcement does not contain sufficient information to constitute an interim financial report as defined in International Accounting Standards 34, "Interim Financial Reporting" or a financial statement as defined by International Accounting Standards 1 "Presentation of Financial Statements". The financial information in this press release has not been audited.

    Globant provides non-IFRS financial measures in addition to reported IFRS results prepared in accordance with IFRS Accounting Standards. Management believes these measures help illustrate underlying trends in the company's business and uses the non-IFRS financial measures to establish budgets and operational goals, communicated internally and externally, for managing the company's business and evaluating its performance. The company anticipates that it will continue to report both IFRS and certain non-IFRS financial measures in its financial results, including non-IFRS measures that exclude share-based compensation expense, depreciation and amortization, acquisition-related charges, and the related effect on income taxes of the pre-tax adjustments. Because the company's non-IFRS financial measures are not calculated according to IFRS, these measures are not comparable to IFRS and may not necessarily be comparable to similarly described non-IFRS measures reported by other companies within the company's industry. Consequently, Globant's non-IFRS financial measures should not be evaluated in isolation or supplant comparable IFRS measures, but, rather, should be considered together with its consolidated statements of financial position as of December 31, 2024 and December 31, 2023 and its consolidated statements of comprehensive income for the three months and years ended December 31, 2024 and 2023, prepared in accordance with IFRS  Accounting Standards as issued by the IASB.

    Globant is not providing a quantitative reconciliation of forward-looking Non-IFRS Adjusted Profit from Operations Margin or Non-IFRS Adjusted Diluted EPS to the most directly comparable IFRS measure because it is unable to predict with reasonable certainty the ultimate outcome of certain significant items without unreasonable effort. These items include, but are not limited to, share-based compensation expense, acquisition-related charges, and the tax effect of non-IFRS adjustments. These items are uncertain, depend on various factors, and could have a material impact on IFRS reported results for the guidance period.

    Forward Looking Statements

    In addition to historical information, this release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "should," "plan," "expect," "predict," "potential," or the negative of these terms or other similar expressions. These statements include, but are not limited to, statements regarding our future financial and operating performance, including our outlook and guidance, and our strategies, priorities and business plans. Our expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Factors that could impact our actual results include: our ability to maintain current resource utilization rates and productivity levels; our ability to manage attrition and attract and retain highly-skilled IT professionals; our ability to accurately price our client contracts; our ability to achieve our anticipated growth; our ability to effectively manage our rapid growth; our ability to retain our senior management team and other key employees; our ability to continue to innovate and remain at the forefront of emerging technologies and related market trends; our ability to retain our business relationships and client contracts; our ability to manage the impact of global adverse economic conditions; our ability to manage uncertainty concerning the instability in the current economic, political and social environment in Latin America; and other factors discussed under the heading "Risk Factors" in our most recent Form 20-F filed with the U.S. Securities and Exchange Commission and any other risk factors we include in subsequent reports on Form 6-K.

    Because of these uncertainties, you should not make any investment decisions based on our estimates and forward-looking statements. Except as required by law, we undertake no obligation to publicly update any forward-looking statements for any reason after the date of this press release whether as a result of new information, future events or otherwise.

    Globant S.A.

    Consolidated Statements of Comprehensive Income

    (In thousands of U.S. dollars, except per share amounts, unaudited)



    Twelve Months Ended



    Three Months Ended



    December 31,

    2024



    December 31,

    2023



    December 31,

    2024



    December 31,

    2023

















    Revenues

    2,415,689



    2,095,939



    642,483



    580,705

    Cost of revenues

    (1,552,322)



    (1,340,178)



    (413,161)



    (372,384)

    Gross profit

    863,367



    755,761



    229,322



    208,321

















    Selling, general and administrative expenses

    (632,995)



    (537,075)



    (172,118)



    (147,011)

    Net impairment losses on financial assets

    (6,970)



    (18,808)



    2,024



    (4,829)

    Other operating income and expenses, net

    2,016



    (916)



    (722)



    (1,530)

    Profit from operations

    225,418



    198,962



    58,506



    54,951

















    Finance income

    5,303



    4,777



    1,427



    1,277

    Finance expense

    (32,202)



    (23,753)



    (11,666)



    (8,690)

    Other financial results, net

    6,064



    11,342



    (1,277)



    (131)

    Financial results, net

    (20,835)



    (7,634)



    (11,516)



    (7,544)

















    Share of results of investment in associates

    222



    89



    61



    (96)

    Other income and expenses, net

    5,624



    6,602



    (518)



    2,527

    Profit before income tax

    210,429



    198,019



    46,533



    49,838

















    Income tax

    (41,426)



    (39,511)



    (7,025)



    (8,444)

    Net income for the period

    169,003



    158,508



    39,508



    41,394

















    Other comprehensive income, net of income tax effects















    Items that may be reclassified subsequently to profit and loss:















    - Exchange differences on translating foreign operations

    (86,110)



    (16,721)



    (65,652)



    12,040

    - Net change in fair value on financial assets measured at FVOCI

    1,959



    119



    940



    2,435

    - Gains and losses on cash flow hedges

    (14,142)



    9,327



    (1,374)



    9,210

    Total comprehensive income for the period

    70,710



    151,233



    (26,578)



    65,079

















    Net income attributable to:















    Owners of the Company

    165,732



    158,538



    38,408



    42,133

    Non-controlling interest

    3,271



    (30)



    1,100



    (739)

    Net income for the period

    169,003



    158,508



    39,508



    41,394

















    Total comprehensive income for the period attributable to:















    Owners of the Company

    63,024



    148,732



    (31,840)



    63,454

    Non-controlling interest

    7,686



    2,501



    5,262



    1,625

    Total comprehensive income for the period

    70,710



    151,233



    (26,578)



    65,079

    Earnings per share















    Basic

    3.82



    3.72



    0.88



    0.98

    Diluted

    3.72



    3.64



    0.85



    0.96

    Weighted average of outstanding shares (in thousands)















    Basic

    43,402



    42,601



    43,859



    42,976

    Diluted

    44,589



    43,594



    45,046



    43,970

    Globant S.A.

    Consolidated Statements of Financial Position as of December 31, 2024 and December 31, 2023

    (In thousands of U.S. dollars, unaudited)





    December 31, 2024



    December 31, 2023

    ASSETS









    Current assets









    Cash and cash equivalents



    142,093



    307,223

    Investments



    13,992



    16,070

    Trade receivables



    605,002



    499,283

    Other assets



    20,420



    31,753

    Other receivables



    53,939



    54,786

    Other financial assets



    3,100



    15,418

    Total current assets



    838,546



    924,533











    Non-current assets









    Investments



    2,212



    1,833

    Other assets



    4,750



    4,088

    Other receivables



    40,784



    26,475

    Deferred tax assets



    80,811



    60,777

    Investment in associates



    1,648



    1,426

    Other financial assets



    41,403



    34,864

    Property and equipment



    154,755



    162,736

    Intangible assets



    288,714



    285,661

    Right-of-use assets



    122,884



    119,400

    Goodwill



    1,590,338



    1,105,073

    Total non-current assets



    2,328,299



    1,802,333

    TOTAL ASSETS



    3,166,845



    2,726,866











    LIABILITIES









    Current liabilities









    Trade payables



    114,743



    124,545

    Payroll and social security taxes payable



    239,440



    221,843

    Borrowings



    1,601



    156,916

    Other financial liabilities



    113,707



    68,750

    Lease liabilities



    29,736



    47,852

    Tax liabilities



    36,916



    33,229

    Income tax payable



    6,520



    11,287

    Other liabilities



    231



    896

    Total current liabilities



    542,894



    665,318











    Non-current liabilities









    Trade payables



    2,006



    2,981

    Borrowings



    290,935



    2,191

    Other financial liabilities



    167,177



    135,238

    Lease liabilities



    87,887



    70,884

    Deferred tax liabilities



    12,616



    21,098

    Income tax payable



    6,625



    —

    Payroll and social security taxes payable



    5,187



    5,139

    Provisions for contingencies



    18,169



    28,336

    Total non-current liabilities



    590,602



    265,867

    TOTAL LIABILITIES



    1,133,496



    931,185











    Capital and reserves









    Issued capital



    52,837



    51,705

    Additional paid-in capital



    1,193,029



    1,022,918

    Other reserves



    (144,756)



    (42,048)

    Retained earnings



    862,821



    697,089

    Total equity attributable to owners of the Company



    1,963,931



    1,729,664

    Non-controlling interests



    69,418



    66,017

    Total equity



    2,033,349



    1,795,681

    TOTAL EQUITY AND LIABILITIES



    3,166,845



    2,726,866

    Globant S.A.

    Selected Cash Flow Data

    (In thousands of U.S. dollars, unaudited)





    Three Months Ended





    December 31, 2024



    December 31, 2023

    Net Income for the period



    39,508



    41,394

    Non-cash adjustments, taxes and others



    56,881



    54,240

    Changes in working capital



    40,934



    63,389

    Cash flows from operating activities



    137,323



    160,902

    Capital expenditures



    (36,167)



    (36,323)

    Cash flows from investing activities



    (236,732)



    (141,829)

    Cash flows from financing activities



    45,986



    90,336

    Net increase/decrease in cash & cash equivalents



    (53,423)



    109,409

    Globant S.A.

    Supplemental Non-IFRS Financial Information

    (In thousands of U.S. dollars, unaudited)



    Twelve Months Ended



    Three Months Ended



    December

    31, 2024



    December

    31, 2023



    December

    31, 2024



    December

    31, 2023

















    Reconciliation of adjusted gross profit















    Gross profit

    863,367



    755,761



    229,322



    208,321

    Depreciation and amortization expense

    36,034



    28,597



    10,619



    7,985

    Share-based compensation expense - Equity settled

    23,937



    15,155



    5,927



    4,179

    Adjusted gross profit

    923,338



    799,513



    245,868



    220,485

    Adjusted gross profit margin

    38.2 %



    38.1 %



    38.3 %



    38.0 %

















    Reconciliation of selling, general and administrative expenses















    Selling, general and administrative expenses

    (632,995)



    (537,075)



    (172,118)



    (147,011)

    Depreciation and amortization expense

    100,181



    85,584



    25,430



    24,083

    Share-based compensation expense - Equity settled

    58,833



    57,016



    16,111



    15,574

    Acquisition-related charges (a)

    28,733



    21,092



    11,503



    6,604

    Adjusted selling, general and administrative expenses

    (445,248)



    (373,383)



    (119,074)



    (100,750)

    Adjusted selling, general and administrative expenses as % of revenues

    (18.4) %



    (17.8) %



    (18.5) %



    (17.3) %

















    Reconciliation of adjusted profit from operations















    Profit from operations

    225,418



    198,962



    58,506



    54,951

    Share-based compensation expense - Equity settled

    82,770



    72,171



    22,038



    19,753

    Acquisition-related charges (a)

    63,231



    46,993



    20,563



    14,416

    Adjusted profit from operations

    371,419



    318,126



    101,107



    89,120

    Adjusted profit from operations margin

    15.4 %



    15.2 %



    15.7 %



    15.3 %

















    Reconciliation of net income for the period















    Net income for the period

    165,732



    158,538



    38,408



    42,133

    Share-based compensation expense - Equity settled

    82,618



    72,099



    22,000



    19,722

    Acquisition-related charges (a)

    71,895



    48,205



    30,561



    17,566

    Tax effect of non-IFRS adjustments

    (34,819)



    (28,724)



    (12,303)



    (8,344)

    Adjusted net income

    285,426



    250,118



    78,666



    71,077

    Adjusted net income margin

    11.8 %



    11.9 %



    12.2 %



    12.2 %

















    Calculation of adjusted diluted EPS















    Adjusted net income

    285,426



    250,118



    78,666



    71,077

    Diluted shares

    44,589



    43,594



    45,046



    43,970

    Adjusted diluted EPS

    6.40



    5.74



    1.75



    1.62

















    (a)      Acquisition-related charges include, when applicable, amortization of purchased intangible assets included in depreciation and amortization expense line on our consolidated statements of comprehensive income, interest charges on acquisition-related indebtedness, external deal costs, acquisition-related retention bonuses, integration costs, changes in the fair value of contingent consideration liabilities, and other acquisition-related costs. We cannot provide acquisition-related charges on a forward-looking basis without unreasonable effort as such charges may fluctuate based on the timing, size, and complexity of future acquisitions as well as other uncertainty inherent in mergers and acquisitions.

     

    Globant S.A.

    Schedule of Supplemental Information (unaudited)

    Metrics

    Q4 2023

    Q1 2024

    Q2 2024

    Q3 2024

    Q4 2024













    Total Employees

    29,150

    28,991

    29,112

    29,998

    31,280

    IT Professionals

    27,116

    26,933

    27,133

    27,927

    29,198













    North America Revenues %

    57.4

    56.0

    56.3

    55.7

    55.2

    Latin America Revenues %

    22.9

    22.9

    23.0

    21.8

    20.4

    Europe Revenues %

    15.8

    17.2

    16.9

    17.6

    17.7

    New Markets Revenues %

    3.9

    3.9

    3.8

    4.9

    6.7













    USD Revenues %

    68.6

    68.4

    67.1

    66.6

    64.8

    Other Currencies Revenues %

    31.4

    31.6

    32.9

    33.4

    35.2













    Top Customer %

    8.2

    8.3

    8.3

    9.1

    9.1

    Top 5 Customers %

    21.4

    21.8

    21.0

    21.0

    19.8

    Top 10 Customers %

    30.8

    30.1

    30.3

    30.1

    29.3













    Customers Served (Last Twelve Months)*

    930

    955

    958

    969

    1,012

    Customers with >$1M in Revenues (Last Twelve Months)

    311

    318

    329

    331

    346













    (*) Represents customers with more than $100,000 in revenues in the last twelve months.

     

    Investor Relations Contact:

    Arturo Langa, Globant

    [email protected]

    +1 (877) 215-5230

    Media Contact:

    Wanda Weigert, Globant

    [email protected]

    +1 (877) 215-5230

    [1] Represents Asia, Oceania and the Middle East.

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/globant-reports-2024-fourth-quarter-and-full-year-financial-results-302381661.html

    SOURCE GLOBANT

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      5/1/25 4:15:00 PM ET
      $GLOB
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    • Globant to support YPF in the acceleration of its digital transformation by applying artificial intelligence

      BUENOS AIRES, Argentina, April 30, 2025 /PRNewswire/ -- Horacio Marín, President and CEO of YPF -leading energy company of Argentina and largest shale oil operator in the world outside the United States- and Martín Migoya, Co-founder and CEO of Globant -a digitally native company focused on reinventing businesses through innovative technology solutions- have signed a Memorandum of Understanding (MoU) that marks a significant milestone in the transformation of YPF's Supply Chain operations. "This alliance supports the work we are doing at YPF to become increasingly efficient. We compete with the world's leading players, and our suppliers play a key role in our competitiveness. We trust that

      4/30/25 10:39:00 AM ET
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    • Globant Signs Strategic Partner Agreement with Google Cloud to Facilitate AI and Cloud Transformations

      Globant's strategic cooperation with Google Cloud delivers industry-specific solutions tailored to the needs of the Media & Entertainment, Retail, Healthcare, and Finance & Banking sectors.NEW YORK, April 9, 2025 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, has announced a Strategic Partner Agreement with Google Cloud to help more customers utilize the efficiency and scalability of Google Cloud technologies. With a focus on leveraging Google Cloud's industry leading suite of AI tools,

      4/9/25 9:00:00 AM ET
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    $GLOB
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

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    • Globant upgraded by Redburn Atlantic with a new price target

      Redburn Atlantic upgraded Globant from Sell to Neutral and set a new price target of $150.00 from $140.00 previously

      2/25/25 7:09:15 AM ET
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    • Susquehanna initiated coverage on Globant with a new price target

      Susquehanna initiated coverage of Globant with a rating of Positive and set a new price target of $255.00

      12/17/24 7:48:25 AM ET
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    • Deutsche Bank initiated coverage on Globant with a new price target

      Deutsche Bank initiated coverage of Globant with a rating of Hold and set a new price target of $210.00

      8/22/24 7:29:51 AM ET
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    Financials

    Live finance-specific insights

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    • Globant to Announce First Quarter 2025 Financial Results on May 15th

      LUXEMBOURG, May 1, 2025 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced it will release results for the first quarter ended March 31st, 2025 on Thursday, May 15th, 2025 after the close of regular market hours. Following the earnings release, Martin Migoya, Globant's Chief Executive Officer & co-founder, will discuss the results in a video conference call beginning at 4:30 pm ET. This will be followed by a live Q&A session where he will be joined by Juan Urthiague, Chief F

      5/1/25 4:15:00 PM ET
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    • Globant Reports 2024 Fourth Quarter and Full Year Financial Results

      Ending On A High Note Fourth quarter revenues of $642.5 million, up 10.6% year-over-yearIFRS Diluted EPS of $0.85 for the fourth quarter Non-IFRS Adjusted Diluted EPS of $1.75 for the fourth quarter Full year 2024 revenues of $2,415.7 million, up 15.3% year-over-yearIFRS Diluted EPS of $3.72 for the full yearNon-IFRS Adjusted Diluted EPS of $6.40 for the full yearLUXEMBOURG, Feb. 20, 2025 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced results for the three months and year ended December 31, 2024.

      2/20/25 4:15:00 PM ET
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    • Globant to Announce Fourth Quarter 2024 Financial Results on February 20th

      LUXEMBOURG, Feb. 13, 2025 /PRNewswire/ -- Globant (NYSE:GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced it will release results for the fourth quarter and full year ended December 31st, 2024 on Thursday, February 20th, 2025 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 results in a video conference call beginning at 4:30 pm ET. Video conference call access information is:https://more.globant.com/F4Q24EarningsCall About Globant (NYSE:GLOB)At Gl

      2/13/25 4:15:00 PM ET
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    $GLOB
    Leadership Updates

    Live Leadership Updates

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    • LeadingResponse Announces Steven Roe as New CEO to Drive Innovation and Growth in Customer Acquisition Marketing

      LeadingResponse, a leader in customer acquisition marketing solutions, is excited to announce the appointment of Steven Roe as its new Chief Executive Officer. With over twenty years of executive leadership, operations, sales, and marketing experience, Steven brings a wealth of knowledge and expertise to the company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250325254091/en/Steven Roe, CEO of LeadingResponse "We are excited to welcome Steven Roe as our new CEO," said Lloyd Metz, Managing Director at ICV Partners and Chair of the LeadingResponse board of directors. "His extensive experience and proven track record in digital

      3/25/25 10:00:00 AM ET
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    • FTV Capital Named to Inc.'s Founder-Friendly Investors List for Fourth Consecutive Year

      FTV Capital, a leading sector-focused growth equity investment firm, today announced its inclusion for the fourth consecutive year on Inc.'s annual Founder-Friendly Investors list, which honors the private equity, venture capital firms and lenders with a track record of backing founder-led companies. This year's list recognizes 269 firms that believe in backing founder-led businesses and helping them thrive, demonstrated by their successful track records of collaboration and remaining actively involved with their portfolio companies to drive growth. "We are honored to be recognized again by Inc. for our ongoing commitment to serving as a collaborative, strategic partner to founders and ent

      10/29/24 7:00:00 AM ET
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      Computer Software: Prepackaged Software
      Technology
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    • ZEMA Global Data Corporation to Acquire Morningstar Commodity Data

      Transformative acquisition will position ZEMA as global leader in offering high-quality enterprise data management and analytics for the energy and commodities industry ZEMA Global Data Corporation (formerly ZE PowerGroup), a leading provider of enterprise data management and analytics for the commodity and energy sectors, today announced its plans to acquire Morningstar Commodity Data, a provider of commodities and energy data and insights. The transaction is expected to close later this month. The business will serve a diverse portfolio of over 200 enterprises with an expanded product offering and broader geographic operations to support customers around the world. The announcement come

      9/23/24 8:00:00 AM ET
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      Computer Software: Prepackaged Software
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    $GLOB
    SEC Filings

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    • Amendment: SEC Form SCHEDULE 13G/A filed by Globant S.A.

      SCHEDULE 13G/A - Globant S.A. (0001557860) (Subject)

      5/7/25 4:57:24 PM ET
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    • SEC Form 6-K filed by Globant S.A.

      6-K - Globant S.A. (0001557860) (Filer)

      4/30/25 4:06:10 PM ET
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    • Amendment: SEC Form SCHEDULE 13G/A filed by Globant S.A.

      SCHEDULE 13G/A - Globant S.A. (0001557860) (Subject)

      4/16/25 7:26:29 AM ET
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    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

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    • Amendment: SEC Form SC 13G/A filed by Globant S.A.

      SC 13G/A - Globant S.A. (0001557860) (Subject)

      11/14/24 1:22:36 PM ET
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    • Amendment: SEC Form SC 13G/A filed by Globant S.A.

      SC 13G/A - Globant S.A. (0001557860) (Subject)

      11/1/24 2:00:58 PM ET
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    • Amendment: SEC Form SC 13G/A filed by Globant S.A.

      SC 13G/A - Globant S.A. (0001557860) (Subject)

      7/10/24 2:16:04 PM ET
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