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Globant S.A. - GLOB STOCK NEWS

Welcome to our dedicated news page for Globant S.A. (Ticker: GLOB), a resource for investors and traders seeking the latest updates and insights on Globant S.A..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Globant S.A.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Globant S.A.'s position in the market.

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.3%
Tags
earnings
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.81%
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none
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.13%
Tags
earnings
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.49%
Tags
AI
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.53%
Tags
AI
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.86%
Tags
AI
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
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none
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.23%
Tags
none
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.86%
Tags
none
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.22%
Tags
none
Globant S.A.

NYSE:GLOB

GLOB Rankings

GLOB Stock Data

9.43B
41.98M
2.28%
97.4%
1.53%
Data Processing, Hosting, and Related Services
Information
Link
Luxembourg
37 A Avenue J F Kennedy

About GLOB

we are a new-breed technology services provider focused on delivering innovative software solutions by leveraging emerging technologies and related market trends. we combine the engineering and technical rigor of it services providers with the creative approach and culture of digital agencies. globant is the place where engineering, design and innovation meet scale. in only 11 years, we created a company that: - has more than 3,100 professionals working for companies like linkedin, jwt, zynga, and electronic arts, among several others - was recognized as one of the top 10 innovative companies in south america by fastcompany - was named among the top 10 product engineering vendor (2011) by global services - was recognized among the top 10 vendors in mobile applications development (2012) by idc survey - was included in the 2010 cool vendor in business process services report by gartner - was featured as case study of harvard, mit, stanford and others for more information, visit