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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.

News

Globant Presents "Taste ID": the New Ad by GUT Pokes Fun at Legacy Tech Industry

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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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Celebrating Innovation and Leadership: Globant Announces 5th Edition of Women That Build Awards

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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 Files Annual Report for 2023

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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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Globant Reports 2023 Fourth Quarter and Full Year Financial Results

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Globant (GLOB) reported strong financial results for the fourth quarter and full year 2023, with revenues up 18.3% and 17.7% year-over-year respectively. The company's IFRS Diluted EPS for the fourth quarter was $0.96 and $3.64 for the full year. Non-IFRS Adjusted Diluted EPS stood at $1.62 for the fourth quarter and $5.74 for the full year. Globant highlighted growth in key metrics, geographic revenue breakdown, customer segments, and strategic acquisitions, positioning the company for continued success in 2024.
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Globant Converges its Strength in Creating Seamless Customer Experiences and Innovative Technology Capabilities into the New Connected Experiences Studio

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Globant launches Connected Experiences Studio to revolutionize customer engagement through technology, leveraging AI and data insights. The Studio aims to bridge physical and digital worlds, creating personalized and seamless interactions for clients like Nissan, Royal Caribbean International, and LA Clippers.
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Globant to Announce Fourth Quarter 2023 Financial Results on February 15th

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Globant (NYSE: GLOB) will release its Q4 and full year 2023 results on February 15th, 2024. The company's CEO, CFO, COO, and CTO will discuss the results in a video conference call after the market closes.
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Globant Launches Loyalty Studio to Boost Customer Relations and Maximize Revenue Through AI

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Globant, a digitally native company, has launched its new Loyalty Studio that offers comprehensive loyalty strategies and end-to-end solutions to businesses to improve customer engagement, boost revenue, and increase profitability. The Loyalty Studio leverages AI and innovation to help businesses create personalized rewards, implement scalable solutions, manage loyalty programs across different geographies, optimize loyalty strategies using cutting-edge technologies, and expand into new markets through strategic alliances.
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Kore.ai Secures $150 Million Strategic Growth Investment to Drive AI-powered Customer and Employee Experiences for Global Brands

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Kore.ai, a leader in enterprise conversational and generative AI platform technology, announced $150 million in funding led by FTV Capital, with participation from NVIDIA and existing investors. The funding will accelerate market expansion and continuous innovation in AI to deliver tangible business and human value at scale. The AI market has seen rapid growth, with Gartner estimating the conversational AI market to reach $377 billion in revenue by 2032. Kore.ai provides an enterprise-grade no-code platform to help companies power business interactions with AI safely and responsibly while driving significant revenue and cost savings.
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Globant unveils its first Business Innovation Hub in Berlin

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Globant (NYSE: GLOB) has opened an Innovation Hub Office in Berlin, as part of its growth strategy in Europe. The company aims to expand its presence in Germany and the broader DACH Region, fostering the inclusion of local talent and showcasing its capabilities. The inauguration event was attended by key stakeholders and featured the company's co-founder and Chairman of Globant in EMEA, Martin Umaran, along with other top executives.
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BillingPlatform Secures $90 Million Growth Equity Investment from FTV Capital

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BillingPlatform, a leading enterprise revenue lifecycle management platform, announced a $90 million growth equity investment from FTV Capital to fuel its expansion in a $10 billion market. The investment aims to accelerate innovation, product development, and go-to-market expansion, given the company's significant growth and customer wins in the past year. The investment will support BillingPlatform's ambitious growth goals and extend its leadership in the enterprise revenue lifecycle management platform.
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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 $203.29 as of November 15, 2024.

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

The market cap of GLOBANT S.A. (GLOB) is approximately 8.9B.

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.

Stock GLOB logo
GLOBANT S.A.

NYSE:GLOB

GLOB Rankings

#924 Ranked by Market Cap
N/A Ranked by Dividends

GLOB Stock Data

8.86B
43.24M
2.25%
104.25%
5.36%
Information Technology Services
Technology
Link
United States of America
Luxembourg