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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.
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.
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.
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.
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.
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.
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.
Globant (NYSE: GLOB) has launched its first commercial film titled "Seek Reinvention," developed with GUT Buenos Aires. The film humorously portrays a world lacking key technological advancements across various sectors including finance, education, and entertainment. It emphasizes the need for continuous digital evolution, reflecting Globant's nearly 20 years of experience in helping clients digitally transform. CEO Martin Migoya highlighted the company's role in driving significant digital changes for Fortune 500 companies, aiming to enhance everyday experiences and maintain relevance amid technological shifts.
Globant (NYSE: GLOB) has partnered with PIXELYNX, a music metaverse gaming platform, to leverage emerging technologies for transforming artist-fan interactions. This strategic alliance aims to develop a music, NFTs, and entertainment ecosystem in the metaverse. PIXELYNX, co-founded by musicians like Joel Zimmerman (deadmau5), envisions a platform allowing artists to monetize their creative environments through NFTs and interactive experiences. The collaboration positions Globant to enhance its capabilities in the gaming and music sectors.
Globant (NYSE: GLOB) has announced the establishment of a new advisory board for its North American management team, aimed at driving strategic growth in response to the accelerated digital transformation due to the pandemic. The board consists of experienced professionals from various sectors, including Jennifer Oleksiw (Eli Lilly), Maria Pinelli (EY), and Jeff Schumacher (NAX Group), among others. Their expertise will guide Globant in identifying growth opportunities and informing strategic decisions as the company continues its expansion efforts in North America.
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