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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.

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Globant sponsors FIFAe World Cup Finals 2023 as part of a multi-year agreement with FIFA. The competition showcases esports talent in three formats: FIFAe Club World Cup, FIFAe Nations Cup, and FIFAe World Cup. Globant will also sponsor other FIFA events in the coming years.
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Globant launches the fourth annual Women that Build Awards to recognize women in STEAM fields and promote inclusion. The awards program aims to provide global visibility, education, and networking opportunities for women in technology. The underrepresentation of women in AI and Machine Learning is highlighted, and companies are urged to ensure equal pay and opportunities for career growth.
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Globant reports Q1 2023 revenues of $472.4 million, up 17.7% YoY. IFRS Diluted EPS is $0.84. Cash and cash equivalents were $284.8 million. Globant expects Q2 2023 revenues of at least $496.0 million, a 15.5% YoY growth.
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Globant to release Q1 2023 results on May 18th, 2023
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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.

GLOBANT S.A.

NYSE:GLOB

GLOB Rankings

GLOB Stock Data

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