Globant

Globant SA engages in the provision of information technology services. It includes application development, testing, infrastructure management, and application maintenance. The company was founded by Martín Migoya, Martín Gonzalo Umaran, Guibert Andrés Englebienne, and Néstor Augusto Nocetti in 2003 and is headquartered in Luxembourg.

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Globant achieves record sales and eyes AI-driven growth opportunities

Globant's Q4 2022 performance reflects record-breaking sales, strong financial results, and promising collaborations with key clients, underpinned by a focus on AI capabilities and global expansion.
While challenges like pricing pressures and regional performance variations exist, the company's strategic strengths in AI, cost optimization, and workforce planning position it well for growth.
Opportunities in AI-driven revenue growth, geographic expansion through M&A, and market trends present avenues for Globant to capitalize on, despite macroeconomic uncertainties.
Overall, Globant's prudent financial management, focus on efficiency, and strategic initiatives underscore a positive outlook for 2023, supported by a strong foundation and growth potential.

Globant reports strong Q1 growth driven by AI initiatives

Globant's Q1 2023 earnings call showcased robust performance, emphasizing revenue growth, AI initiatives, and strategic acquisitions. The company's unique approach to customer engagement, strong market demand for AI tools, and focus on efficiency gains position it for continued success.
While challenges in maintaining AI efficiency gains and integrating acquisitions exist, Globant's opportunities lie in capitalizing on market demand for AI tools, expanding globally, and deepening service offerings. The company's commitment to innovation, client relationships, and strategic planning underpin its growth trajectory.
With a focus on revenue conversion, maintaining gross margin targets, and driving operating margin improvements, Globant aims for sustainable growth and profitability. The company's resilience, strategic differentiation, and market positioning set the stage for continued success in the evolving business landscape.

Globant achieves record Q2 revenue with focus on AI growth

Globant reports record revenue and strong profitability in Q2 2023.
Company-specific drivers like structure, studios, and culture fuel higher growth.
Focus on talent development, client partnerships, and innovative offerings.
Optimistic outlook for growth, aiming for double-digit growth in 2024.

Globant reports robust Q3 earnings, eyes global expansion and AI

Globant's Q3 performance reflects strong revenue growth, operational efficiency, and financial health.
While facing challenges like FX impacts and utilization rates, the company's strengths in market recognition and client satisfaction position it well for future growth.
Opportunities in new regions, service expansions, and AI projects present avenues for continued success and market leadership.

Globant reports stellar 2023 performance, eyes AI-driven growth in 2024

Globant's robust financial performance in 2023, driven by revenue growth and strong margins, positions the company well for 2024. With a strategic focus on AI, spatial computing, and creative marketing, Globant aims to capitalize on emerging opportunities while addressing challenges such as currency fluctuations and economic uncertainties.

Globant surpasses Q1 revenue expectations, eyes AI acceleration for growth

Globant's Q1 performance exceeded expectations, driven by strong revenue growth and strategic initiatives. While facing challenges from macroeconomic uncertainties, the company remains optimistic about future growth. Opportunities in AI, geographic expansion, and industry reinvention position Globant for continued success.

Globant reports stellar Q2 results, eyes AI and marketing tech for growth

Globant delivered strong Q2 results with robust revenue growth and profitability, showcasing resilience and innovation in a competitive market.
The company's strategic focus on AI and marketing tech expansion positions it well for future growth and market leadership.
While facing challenges in talent management and potential market competition, Globant remains optimistic about its growth prospects and industry recognition.

Globant reports strong Q3 earnings, eyes AI growth in 2025

Globant's Q3 2024 earnings call highlighted robust performance, strong revenue growth, and a strategic focus on AI adoption and industry-specific consultancy.
While facing challenges in areas like market expansion and technology integration, the company's strengths in revenue diversification and regional growth present opportunities for sustained success.
Overall, Globant's performance underscores a positive trajectory with a clear roadmap for growth, positioning the company well for continued success in the evolving tech landscape.

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More than 7,000 technology enthusiasts, artists and entrepreneurs from around the world have already registered for the free live streaming of the event that will take place this Wednesday, June 1 in Mexico City. Tech N' Fest 2022 offers an incredible agenda of talks, debates and activities on Gaming, Metaverse, AI, Sustainability, Art and Music.

Save the Date: Globant Invites to the Tech N' Fest 2022

The Fund's new partners include The George Washington University and investors Riverwood Capital, IDB Lab, and Nazca, alongside the Center for Humane Technology joining as an advisor SAN FRANCISCO , May 24, 2022 /PRNewswire/ --   Globant  (NYSE: GLOB), a digitally native company focused on reinventing business through innovative technology solutions, today announced that its Be Kind Tech Fund , the first and only corporate venture fund wholly focused on supporting startups that seek to mitigate the misuse and abuse of technology, is collaborating on its mission with partners including The George Washington University and investors Riverwood Capital , IDB Lab , and Nazca . The Center for Humane Technology is also joining the Fund as an advisor.

Globant's Be Kind Tech Fund Collaborates With Investors, Universities, and Nonprofits to Tackle Misuse of Technology

Globant S.A. (NYSE:GLOB ) Q1 2022 Earnings Conference Call May 19, 2022 4:30 PM ET Company Participants Carolina Dolan Chandler – Chief Digital Officer Martin Migoya – Co-Founder and Chief Executive Officer Juan Urthiague – Chief Financial Officer Patricia Pomies – Chief Operating Officer Diego Tartara – Global Chief Technology Officer Conference Call Participants Tien-Tsin Huang – JPMorgan Ryan Potter – Citi Arturo Langa – Itau Diego Aragao – Goldman Sachs Surinder Thind – Jefferies Moshe Katri – Wedbush Zack Ajzenman – Cowen Jamesmichael Sherman-Lewis – Piper Sandler Carolina Dolan Chandler Good day and welcome to Globant's First Quarter 2022 Earnings Conference Call.

Globant S.A.'s (GLOB) CEO Martin Migoya on Q1 2022 Results - Earnings Call Transcript

Solid Start To The Year First quarter revenues of $401.4 million, up 48.6% year-over-year  IFRS Diluted EPS of $0.86 for the first quarter  Non-IFRS Diluted EPS of $1.19 for the first quarter LUXEMBOURG , May 19, 2022 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced results for the three months ended March 31, 2022. Please see highlights below, including certain Non-IFRS measures.

Globant Reports 2022 First Quarter Financial Results

New Studio Encompasses practices like Digital Commerce, Alternative Payments, Rewards & Loyalty and Analytics to Support Clients' Transformations NEW YORK, May 18, 2022 /PRNewswire/ --  Globant  (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today launched its Smart Payments Studio , which provides strategic business and technical consultancy to help organizations analyze and develop payments solutions. By leveraging Metaverse, Blockchain, and Gamification technologies, among others, this Studio aims to deliver experiences that are seamless, personalized, and engaging.

Globant Launches Smart Payments Studio to Help Companies Create Simpler, Faster and More Secure Solutions

With its new Studio, Globant seeks to reinvent learning experiences and transform organizations by leveraging its expertise in transforming organizations through trends such as Big Data, Analytics, AI, Augmented and Virtual Reality, Blockchain and Gaming. SAN FRANCISCO , May 13, 2022 /PRNewswire/ -- Globant  (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, launched its new EdTech Studio  today.

Globant Launches EdTech Studio to Empower Organizations to Create High-Quality Learning Experiences

LUXEMBOURG , May 12th, 2022 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced it will release results for the first quarter ended March 31st, 2022 on Thursday May 19th, 2022 after the close of regular market hours. Following the release, Martin Migoya, Globant's CEO & co-founder, and Juan Urthiague, Globant's CFO, will discuss the results in a video conference call beginning at 4:30pm ET.

Globant to Announce First Quarter 2022 Financial Results on May 19th

LUXEMBOURG , May 3, 2022 /PRNewswire/ -- Globant  (NYSE: GLOB), a digitally native company focused on reinventing business through innovative technology solutions, announced today the appointment of Andrea Mayumi Petroni Merhy to its Board of Directors. Ms. Petroni Merhy was elected to join the Board of Directors by Globant's shareholders at the company's annual general meeting, which took place on April 22.

Andrea Mayumi Petroni Merhy Joins Globant's Board of Directors

Globant has produced market-crushing returns over the past five years, and the company is just getting started.

This Under-the-Radar Winner Just Made Another Promising Move

Globant becomes one of the first leading digital players to invest in a low-code platform to propel business transformation. GeneXus developed a leading low-code platform that simplifies software development and evolution and is being used by leading companies in several Latin American and Asian countries.

Globant Acquires Low-code Platform GeneXus to Foster Business Reinvention and Expand its Product Portfolio

The new Studio boosts team synergy and success with data-backed tools and methodology SAN FRANCISCO , April 13, 2022 /PRNewswire/ --  Globant  (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today launched its new Digital Performance Studio . The new Studio's mission is to help its clients move faster, become more resilient, and attract top talent by providing the tools needed to maximize performance.

Globant Launches Digital Performance Studio to Deliver Lasting Improvement in Organizations Undergoing Digital Transformation

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Globant's BeKind. Tech Fund increases its entrepreneurial network and the scale of its impact in its mission to mitigate the potential negative effects of technology in society, such as online harassment and abuse, AI bias, screen time abuse, and information bubbles and polarization.

Globant Welcomes Endeavor, LAVCA, and Newlab as Partners of Its BeKind. Tech Fund

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A circuit breaker is an automatic, temporary trading halt on certain securities when the underlying stock is experiencing times of high volatility. It is a measure put in place to help restore and bring order to the markets.

6 Stocks Halted In Wednesday's Session

NEW YORK , March 30, 2022 /PRNewswire/ -- We have recently detected that a limited section of our company's code repository has been subject to unauthorized access. We have activated our security protocols and are conducting an exhaustive investigation.

Globant official update

Just days after police in the U.K. arrested seven people over suspected connections to the now-infamous hacking and extortion group, Lapsus$ is claiming its latest victim. Lapsus$, whose recent victims include Okta, Microsoft, Nvidia and Samsung, now claims to have breached Globant, a Luxembourg-based software development consultancy.

Lapsus$ hacking group claims software consultancy giant Globant as its latest breach victim

Globant was recognized as a Great Place to Work-Certified™ company in every country the organization applied. It includes the United States, Uruguay, Argentina, Colombia, and India.

Globant Certified™ a Great Place to Work® Across Numerous Countries for its unique culture

Through AWS for Games, Globant will help developers meet the modern gamer's demands by boosting the efficiency, productivity, speed, and intelligence of their building process SAN FRANCISCO ,  March 24, 2022 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, announced it is collaborating with Amazon Web Services (AWS) to launch AWS for Games, the new service offering launched today which enables developers to easily leverage the breadth and depth of AWS services to build smarter, more immersive, and engaging games. Through AWS for Games, Globant will help its roster of leading customers in the gaming industry to incorporate and benefit from AWS solutions and, in turn, more easily meet the modern gamer's demands for fast, seamless playing experiences.

Globant Joins AWS to Launch AWS for Games Service Offering

Globant (GLOB) could produce exceptional returns because of its solid growth attributes.

3 Reasons Why Growth Investors Shouldn't Overlook Globant (GLOB)

The average of price targets set by Wall Street analysts indicates a potential upside of 34.2% in Globant (GLOB). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Think Globant (GLOB) Could Surge 34%: Read This Before Placing a Bet

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LUXEMBOURG , March 15, 2022 /PRNewswire/ -- Globant S.A. (NYSE: GLOB), a digitally native technology services  company (the "Company"), announces that its Annual General Meeting of Shareholders and an Extraordinary General Meeting of Shareholders (collectively, the "General Meetings") are to be held on April 22, 2022.

Globant to Hold its Annual General Meeting of Shareholders and an Extraordinary General Meeting of Shareholders on April 22, 2022

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LUXEMBOURG, March 2, 2022 /PRNewswire/ -- Globant S.A. (NYSE: GLOB), a digitally native technology services company (the "Company"), announced that, on February 28, 2022, the Company filed its annual report on Form 20-F for the year ended December 31, 2021 (the "2021 Annual Report") with the U.S. Securities and Exchange Commission (the "SEC").

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