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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 Ranked by Brand Finance As the Fastest-Growing IT Brand and 5th Strongest IT Brand Globally

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Globant (NYSE: GLOB) has been recognized as the Fastest-Growing IT Brand and 5th Strongest IT Brand globally by Brand Finance. The company's brand value increased from $1.2 billion to $1.6 billion in 2023, showing a remarkable year-over-year growth of 33.8%. Globant's growth was driven by its expanding global presence, robust financial performance, and initiatives like pioneering the adoption of generative AI. The company's brand strength improved from 77 to 81, earning an AAA-rated brand status and placing it among the 5 strongest IT Services brands globally. Globant celebrated its 20-year anniversary with global initiatives and announced the evolution of its owned Globant X technology platforms.
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Globant Acquires Brazilian Consultancy Iteris

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Globant (NYSE: GLOB) announces the acquisition of Iteris Holding Ltda., a Brazilian business and technology consultancy focused on delivering digital transformation. The acquisition enhances Globant's operations in Brazil by adding top local digital capabilities and an impressive client roster. Iteris, founded in 2009 in São Paulo, includes over 600 professionals and has a successful track-record in delivering high-quality services to clients across various industries in Brazil.
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Globant Celebrates 20 Years: A Journey from Argentina to Wall Street

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Globant (NYSE: GLOB) celebrated its 20th anniversary at the New York Stock Exchange, highlighting its growth and achievements. The company, founded in Argentina in 2003, has more than 27,500 employees in 30 countries and was recognized as one of Fortune's 100 Fastest-Growing Companies.
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Globant Named as a Leader in the IDC MarketScape: Worldwide Software Engineering Services 2023 Vendor Assessment

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Globant (NYSE: GLOB) has been recognized as a Leader in the IDC MarketScape: Worldwide Software Engineering Services 2023 Vendor Assessment. The company's ability to reinvent businesses through innovative technology solutions has been acknowledged, with a focus on innovation, quality, and fostering collaboration. Globant's Studio model and products and platforms division, Globant X, have been highlighted for their contributions to transformative results. This recognition adds to previous acknowledgments in AI services, Salesforce implementation services, and customer experience improvement services.
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Globant Shakes the Creative and Tech Industries by acquiring GUT, Cannes Lions 2023's Independent Network of the Year

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Globant (NYSE: GLOB) acquires majority stake in GUT, an independent creative agency, to enhance its creative capabilities and expand into new markets and industries. The partnership aims to integrate technology and creativity to offer a unique blend of top-notch technology and bold ideas to brands.
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Globant Introduces CONVERGE. AI: Limitless Disruption, its Annual Tech Trends' Event Providing Groundbreaking Insights for Business Reinvention

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Globant (GLOB) announces its annual flagship event, CONVERGE. AI: Limitless Disruption, featuring high-profile thought leaders and industry-relevant speakers like Marc Benioff, David Vélez, Walter Isaacson, and Jane Lauder. The event aims to showcase how technology, creativity, and innovation are changing businesses and creating new opportunities.
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Globant Reports 2023 Third Quarter Financial Results

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Globant (NYSE: GLOB) announced strong third-quarter results, with revenues of $545.3 million, up 18.8% year-over-year. IFRS Diluted EPS was $0.98, and Non-IFRS Adjusted Diluted EPS was $1.48. The company's expansion into new geographies and investments in its platform business drove a decrease in cash and cash equivalents. Globant's CEO, Martín Migoya, highlighted the company's market-leading growth, driven by innovative models, global presence, and advancements in generative AI.
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Globant to Announce Third Quarter 2023 Financial Results on November 16th

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Globant (NYSE: GLOB) to Release Q3 2023 Results on November 16th, 2023, CEO & co-founder, CFO, COO, and Global CTO to Discuss in Video Conference Call
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Innovation Scrum: Globant and Major League Rugby Announce New Partnership on Sports Technology

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Globant (NYSE: GLOB) partners with Major League Rugby (MLR) to drive innovation and growth in the professional rugby league in North America. The partnership aims to bridge sports and technology, leveraging data to enhance the game of rugby and sponsorship opportunities. Globant will build a new version of MLR's streaming platform, the Rugby Network, to broadcast games and capture fan data.
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Globant Recognized in Fortune's 100 Fastest-Growing Companies

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Globant has been ranked amongst Fortune's 100 Fastest-Growing Companies, recognizing its rapid growth in the industry and its solutions for complex digital transformations. The list evaluates organizations based on their growth in revenue, profits, and stock returns over the past three years. Globant achieved a 44% compound annual growth rate (CAGR) and delivered a 42% annual return to shareholders. The company is now present in 30 countries with over 27,000 employees worldwide.
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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