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-0.00124106140299041 -0.00904201879321554 -0.0103421783582531 -0.00608651970923703 -0.0183795283966669 -0.0249689734649252 -0.0107558654925831 -0.00931682524673489
Stock impact report

Globant's (GLOB) Q1 Earnings Meet Estimates, Revenues Up Y/Y [Yahoo! Finance]

Globant S.A. Common Shares (GLOB) 
Last globant s.a. common shares earnings: 2/20 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.globant.com
Company Research Source: Yahoo! Finance
Globant GLOB reported first-quarter 2024 non-GAAP earnings per share (EPS) of $1.53 per share, matching the Zacks Consensus Estimate. The bottom line increased 19.5% year over year. Revenues in the quarter summed $571.1 million, beating the Zacks Consensus Estimate by 0.1%. Total revenues rose 20.9% year over year. The uptick was attributable to solid momentum across most of the business segments. Its top customer, top five customers and top 10 customers contributed 8.3%, 21.8% and 30.1% to net sales, respectively. For the year ended Mar 31, 2024, GLOB catered to 955 customers. Among its clients, 17 of them generate more than $20 million in annual revenues. For the same period, GLOB had 318 clients that brought in more than $1 million of annual revenues, up 15.2% from the year-ago level. During the quarter, GLOB partnered with NVIDIA. Uder the terms of collaboration, GLOB will integrate NVDA's AI technology with its enterprise AI platform. Globant S.A. Price, Consensus and EP Show less Read more
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