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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.

Rhea-AI Summary

On May 15, 2024, Globant (NYSE: GLOB) launched its Robotics Studio, enhancing its position in the automated robot integration space. This new studio leverages IoT and AI to automate large spaces, optimizing tasks that are dangerous, repetitive, or impossible for humans. Key offerings include RobOps for fleet management, Robotics Prototyping for transformative solutions in industries like logistics and healthcare, and Autonomous Machines powered by advanced computer vision and telemetry. The Robotics Studio is part of Globant's Digital Studio Network, aiming to provide clients with competitive advantages in a dynamic digital landscape.

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Globant (NYSE: GLOB) will announce its first quarter 2024 financial results on May 16th, 2024, after market hours. The company's key executives will discuss the results in a video conference call.

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Globant (NYSE: GLOB) has been recognized by Everest Group as a Star Performer and Leader in the Software Product Engineering Services PEAK Matrix® Assessment 2024. This recognition highlights the company's significant growth in knowledge and offerings, positioning Globant as a top choice for organizations seeking innovation and business transformation. The Star Performer title is awarded to providers showing the most improvement over time on the PEAK Matrix®, considering factors like revenue growth, contract signings, and portfolio enhancements.
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Globant S.A. announces the Annual General Meeting of Shareholders and Extraordinary General Meeting of Shareholders to be held on May 10, 2024, at the Company's registered office in Luxembourg. Shareholders can access the Convening Notice, agenda, proxy card, and relevant materials on the Company's website.
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Globant (NYSE: GLOB) wins the 2024 Google Cloud Industry Solution Services Partner of the Year Award for Media and Entertainment for the second consecutive year. The company also receives the 2024 Google Cloud Partner of the Year Awards in Latin America for Services and Talent Development. Globant collaborates with Google Cloud to drive innovation and success in the media and entertainment sector.
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ConnexPay appoints Ben Peters as CEO, founder Bob Kaufman transitions to chairman of the board. The company secured a $110 million growth equity investment in 2022. Peters brings extensive experience in payments and software companies. ConnexPay has shown remarkable growth and earned prestigious awards in 2023.
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ParkHub and JustPark, two leading parking solutions providers, agree to merge, creating a robust end-to-end platform serving over 20 million drivers and $1 billion+ in booking volume. The merger is backed by FTV Capital and LLR Partners, aiming to revolutionize the parking ecosystem in North America and the United Kingdom.
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Globant (GLOB) launches 'Taste ID' commercial challenging tech applications, continuing Stuck.in Consultancy Saga, showcasing innovative business transformation.
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Globant launches the 5th edition of Women That Build Awards to recognize women leaders in the tech industry, supported by global partners like AWS, CoachHub, NYSE, and Udemy. Nominations open until April 15 for women in Latin America, Europe, US & Canada, and India. Previous editions involved 6,000 candidates from 50 countries, with global winners receiving recognition and a trip to a Globant-sponsored event in 2025.
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Globant S.A. filed its annual report on Form 20-F for the year ended December 31, 2023, with the SEC. Shareholders can access the report online or request a hard copy for free. The report includes the Company's audited financial statements and can be found on the SEC's or the Company's website.
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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 $150.53 as of February 28, 2025.

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

The market cap of Globant S A (GLOB) is approximately 6.4B.

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

6.39B
42.04M
2.25%
104.41%
6.02%
Information Technology Services
Technology
Link
Luxembourg
Luxembourg