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.
Globant (NYSE: GLOB) announced an expansion in Miami, Florida, aiming to recruit 150 new employees alongside the existing 90. The company plans to develop a Smart Venues Hub to enhance customer engagement by merging physical and digital experiences using technologies like IoT and AI. This initiative supports Globant's strategy to drive innovation across various sectors, including healthcare and logistics. The Miami hub is positioned to facilitate profound digital transformations for clients, aligning with the city's growing tech ecosystem.
Globant (NYSE: GLOB) has released its latest Sentinel Report, emphasizing the importance of intentional corporate cultures for business transformation. The report highlights how organizations can effectively navigate change through three stages: Listen, Hack, and Foresee Change. With a focus on leveraging artificial intelligence, it suggests that augmented organizations can successfully adapt their processes and culture to meet future challenges. Additionally, Globant positions culture as a valuable asset necessary for driving sustainable growth and innovation in today's rapidly changing business landscape.
Globant S.A. (NYSE: GLOB) has announced its Annual General Meeting of Shareholders (the 'General Meeting') scheduled for April 2, 2021, at its registered office in Luxembourg. In light of the COVID-19 pandemic, the company encourages shareholders to vote by ballot or through a broker, following public health guidance. Relevant materials, including the agenda and proxy card, are available on the company's website. Globant is recognized for its innovative services, employing over 16,250 staff across 16 countries, partnering with well-known companies like Google and Santander.
Globant (NYSE: GLOB) announced the acquisition of CloudShift, a prominent Salesforce partner in the UK specializing in multi-cloud digital transformation. This strategic move aims to enhance Globant's digital and cognitive transformation leadership and scale cloud expertise using Salesforce. CloudShift, based in London, employs 89 professionals and services notable clients such as Hitachi and Square Enix. The integration will strengthen Globant's operations across Europe, leveraging CloudShift's Salesforce partnerships to broaden its cloud solutions portfolio.
Globant S.A. (NYSE: GLOB) filed its 2020 Annual Report on Form 20-F with the SEC on February 26, 2021. This report includes audited financial statements for the year ending December 31, 2020. Interested shareholders can access the report online at the SEC's website or the Company's investor relations page. Hard copies of the financial statements are available upon request. Globant is recognized for its innovative tech services, employing over 16,250 staff in 16 countries, serving clients such as Google and Santander.
Globant reported fourth quarter 2020 revenues of $232.6 million, a year-over-year increase of 26.2%. IFRS Diluted EPS reached $0.46 compared to $0.35 in Q4 2019. For the full year, revenues totaled $814.1 million, up 23.5% year-over-year, with an IFRS Diluted EPS of $1.37, down from $1.43. The company projects first quarter 2021 revenues to exceed $258 million and FY 2021 revenues of at least $1,047 million. Robust hiring and low attrition levels are positive indicators for future growth.
Globant (NYSE: GLOB) will announce its fourth quarter and full year financial results for 2020 on February 18, 2021, after market close. The announcement will be followed by a video conference with CEO Martin Migoya and CFO Juan Urthiague at 4:30 PM ET to discuss the results. Globant, recognized as a leader in CX Improvement by IDC MarketScape, employs over 14,300 people across 16 countries and works with major companies like Google and Electronic Arts. Additional details can be found on their official website.
Globant (NYSE: GLOB) has appointed Michael Feathers as its new Chief Architect as of January 7, 2021. Feathers, a recognized authority in modernizing legacy code, will enhance Globant's capabilities in creating and delivering digital products. He is known for his contributions to the agile movement and has worked with top organizations to improve software design. His expertise aligns with Globant's mission of driving digital transformation for clients. The company continues to expand its global presence with over 14,300 employees and partnerships with major firms like Google.
Globant (NYSE: GLOB) announced the acquisition of Spain-based Bluecap, a consultancy specializing in advanced analytics for financial institutions, on December 18, 2020. This deal enhances Globant's presence in Europe and bolsters its consulting services. Bluecap will retain its brand identity, and its CEO, Maite Barrera, will join Globant's executive team. The acquisition aims to leverage Bluecap's expertise in risk management and analytics to transform organizations, especially in the financial sector.
FAQ
What is the current stock price of GLOBANT S.A. (GLOB)?
What is the market cap of GLOBANT S.A. (GLOB)?
What is Globant S.A.?
Where is Globant headquartered?
Who are some of Globant's notable clients?
What recent achievements has Globant made?
How many employees does Globant have?
What industries does Globant serve?
What is the focus of Globant's Connected Experiences Studio?
What are Globant's recent acquisitions?
What financial performance did Globant achieve in 2023?
Where can I find more information about Globant?
