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GLOBANT S.A. - GLOB STOCK NEWS

Welcome to our dedicated page for GLOBANT S.A. news (Ticker: GLOB), a resource for investors and traders seeking the latest updates and insights on GLOBANT S.A. stock.

GLOBANT S.A. (NYSE: GLOB) is a pioneering technology services provider specializing in delivering innovative software solutions by harnessing emerging technologies and market trends. Founded in 2003 in Argentina and now headquartered in Luxembourg, Globant is a digitally native company dedicated to aiding clients in their digital transformation journeys. With a workforce of over 29,000 professionals across more than 30 countries, Globant’s services span multiple industries, including media, entertainment, and financial services.

Globant combines the technical precision of IT service providers with the creativity of digital agencies, creating a unique blend of engineering, design, and innovation at scale. Its notable clients include industry giants like Google, Electronic Arts, and Santander. The company has achieved numerous accolades, including being named a Worldwide Leader in Customer Experience (CX) Improvement by the IDC MarketScape report and being profiled as a business case study at prestigious institutions such as Harvard, MIT, and Stanford.

Recent Developments:
Globant recently launched its Connected Experiences Studio, which aims to revolutionize customer interactions by leveraging AI and cutting-edge technology. This new studio focuses on providing end-to-end connected experiences that bridge the gap between the physical and digital worlds. Additionally, Globant reported robust financial performance for the fiscal year ending December 31, 2023, with $2.1 billion in revenue, marking a 17.7% year-over-year growth. The company’s focus on profitability and operational efficiency has resulted in a strong financial position.

Globant continues to expand its service offerings and geographic footprint, driven by acquisitions and strategic partnerships. The company’s latest acquisitions, GUT and Iteris, further bolster its creative and digital capabilities. According to CEO and co-founder Martín Migoya, the company remains optimistic about future growth, emphasizing its strategic focus on AI and generative AI capabilities.

For more information, visit www.globant.com.

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Globant (NYSE: GLOB) has been certified as a Great Place to Work in multiple countries including the United States, Uruguay, Argentina, Colombia, and India. This recognition highlights the company’s commitment to fostering a diverse, inclusive, and healthy work environment. Survey results showed that 92% of employees in the U.S. trust management, while 98% in Uruguay feel they are treated fairly. Globant aims to support the personal and professional growth of its employees, reinforcing its global presence.

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Globant (NYSE: GLOB) has partnered with Amazon Web Services (AWS) to launch AWS for Games, a service designed to assist game developers in creating immersive gaming experiences. This collaboration aims to leverage AWS's extensive technology to meet increasing demands for speed and efficiency in game development. By providing a robust cloud infrastructure and innovative solutions, Globant seeks to empower its gaming industry clients to enhance player experiences and simplify the development process.

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FTV Capital has successfully closed FTV VII, its largest fund to date, with commitments of $2.3 billion. This oversubscribed fund will enable FTV to invest in high-growth companies, particularly within enterprise technology and financial services. So far, FTV has raised $6.2 billion across its funds, with over $4 billion invested in 130 companies. Notable portfolio companies include Enfusion (NYSE: ENFN) and Globant (NYSE: GLOB). The firm aims to continue driving growth for its portfolio through strategic investments.

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Globant S.A. (NYSE: GLOB) will hold its Annual General Meeting of Shareholders and an Extraordinary General Meeting on April 22, 2022. The meetings will take place at the company's registered office in Luxembourg. Important materials, including the agenda and proxy card, are available on the company's website. Globant, with over 23,500 employees across 18 countries, serves major clients like Google and Santander. Recognized as a leader in CX improvement, it has been featured in prominent business case studies.

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Globant S.A. (NYSE: GLOB) announced the filing of its 2021 Annual Report on Form 20-F with the SEC on February 28, 2022. This report outlines the company's financial performance for the year ended December 31, 2021. Shareholders can access the report via the SEC website or the company's site. Hard copies of the audited financial statements are available upon request. Globant, with over 23,500 employees in 18 countries, serves clients like Google and Santander.

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Globant announced strong financial results for Q4 2021, with revenues reaching $379.8 million, a 63.3% increase year-over-year. The company reported an IFRS Diluted EPS of $0.68 and a Non-IFRS Diluted EPS of $1.07. For the full year, revenues hit $1,297.1 million, up 59.3% year-over-year, with IFRS Diluted EPS at $2.28. For 2022, Globant forecasts revenues of at least $1,751 million with a growth rate of 35%. The company maintains a strong demand environment, aimed at sustaining industry-leading growth.

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Globant (NYSE: GLOB) will announce its fourth quarter and full year results for 2021 on February 17, 2022, after market close. The announcement will be followed by a video conference call at 4:30 PM ET featuring CEO Martin Migoya and CFO Juan Urthiague. With over 21,800 employees globally, Globant serves prominent clients such as Google and Electronic Arts, and has been recognized as a leader in CX improvement services by IDC MarketScape. For further details, visit www.globant.com.

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Globant (NYSE: GLOB) has announced its expansion into the DACH region, which includes Germany, Austria, and Switzerland, as part of its European growth strategy. The firm aims to leverage its expertise in various technologies to support digital transformation across key industries such as automotive and pharmaceuticals. With over 21,800 professionals globally, Globant will enhance its capabilities in the region to meet local demand for innovative solutions. This strategic move aligns with its goal to help companies reinvent themselves amid evolving market needs.

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Globant (NYSE: GLOB) released its latest Sentinel Report, titled "Imagining the Future of Sales," on Feb. 4, 2022. The report outlines strategies for creating personalized, customer-centric experiences across various industries, driven by the acceleration of digital sales. It emphasizes the need for brands to integrate business, marketing, and technology to optimize customer engagement. Key enablers discussed include Connected Data, Integrated Technology, Collaborative Operating Models, and Omnichannel Media. The report aims to guide companies in enhancing their digital sales processes.

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FAQ

What is the current stock price of GLOBANT S.A. (GLOB)?

The current stock price of GLOBANT S.A. (GLOB) is $221.49 as of December 20, 2024.

What is the market cap of GLOBANT S.A. (GLOB)?

The market cap of GLOBANT S.A. (GLOB) is approximately 9.6B.

What is Globant S.A.?

Globant S.A. (NYSE: GLOB) is a technology services provider focused on delivering innovative software solutions by leveraging emerging technologies and market trends.

Where is Globant headquartered?

Globant is headquartered in Luxembourg, although it was originally founded in Argentina in 2003.

Who are some of Globant's notable clients?

Globant’s clients include major companies like Google, Electronic Arts, and Santander.

What recent achievements has Globant made?

Globant launched its Connected Experiences Studio and reported $2.1 billion in revenue for 2023, a 17.7% year-over-year growth.

How many employees does Globant have?

Globant has over 29,000 employees working across more than 30 countries.

What industries does Globant serve?

Globant primarily serves the media and entertainment and financial services industries.

What is the focus of Globant's Connected Experiences Studio?

The Connected Experiences Studio aims to enhance customer interactions by leveraging AI and cutting-edge technology to create immersive, personalized user experiences.

What are Globant's recent acquisitions?

Globant has recently acquired GUT and Iteris to strengthen its creative and digital capabilities.

What financial performance did Globant achieve in 2023?

Globant reported $2.1 billion in revenue for 2023, marking a 17.7% year-over-year growth.

Where can I find more information about Globant?

For more information, visit Globant's official website at www.globant.com.

GLOBANT S.A.

NYSE:GLOB

GLOB Rankings

GLOB Stock Data

9.63B
42.12M
2.25%
104.41%
6.02%
Information Technology Services
Technology
Link
United States of America
Luxembourg