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) generates a steady stream of news centered on digital transformation, artificial intelligence, and large-scale technology partnerships. As a digitally native company, Globant uses its subscription-based AI Pods model and its Globant Enterprise AI platform to support organizations that want to embed AI into their operations, and this focus is reflected in its press releases and announcements.
Recent news highlights include Globant Converge, the company’s annual event where global business and technology leaders discuss how to move from AI ideation to execution. Coverage of Converge emphasizes practical AI implementations, real-world case studies, and the role of Globant Enterprise AI in orchestrating AI agents across complex enterprises. Other stories showcase Globant’s sector-specific work, such as its expanded partnership with FIFA to deliver IT solutions and digital platform development, and its collaboration with LALIGA through Sportian to deploy agentic AI across sports operations.
Investors and followers of GLOB can also find news about strategic partnerships and reports, including multi-year agreements with Riot Games to enhance esports player and fan experiences, joint research with MIT Technology Review Insights on agentic AI in pharmaceuticals, and the “Game On” report outlining AI-driven trends in the gaming industry. Financial news, such as quarterly results, share repurchase programs, and credit agreement amendments, appears in Globant’s earnings releases and SEC-related communications.
This news page aggregates these updates in one place, allowing readers to track how Globant applies AI and digital technologies across energy, sports, gaming, healthcare, and other sectors. For anyone monitoring GLOB, the feed provides context on the company’s evolving AI strategy, client engagements, and capital markets activity.
Globant (NYSE: GLOB) announces the launch of the Women that Build Awards, aiming to recognize women excelling in STEAM fields. This third annual event offers scholarships for leadership programs and features five award categories: Tech Entrepreneur, Digital Leader, Rising Star, Board Executive, and Techfluencer. Judging panels will operate in multiple countries, including the U.S. and UK. Winners will gain exposure on the NYSE Times Square billboard, network with industry leaders, and participate in community-building activities. The initiative addresses the gender gap in tech, emphasizing the importance of female leadership.
Globant (NYSE: GLOB) has launched its Fast Code Studio, which aims to transform software development by optimizing the coding process. This new studio is part of Globant's Digital Studio Portfolio, featuring tools like Augoor, MagnifAI, and GeneXus. The offerings include lead time reduction, total cost optimization, and enhanced business continuity for clients. With over 25,900 employees globally, Globant continues to innovate, responding to increasing digital demands.
Globant (NYSE: GLOB) reported strong Q2 2022 results, with revenues reaching $429.3 million, a 40.6% increase year-over-year. IFRS Diluted EPS stood at $0.87, up from $0.48 in Q2 2021. The company also noted a total of 25,924 Globers and a robust demand for services, particularly in tech, design, and innovation. Revenue projections for Q3 are estimated at least $456 million, indicating a 33.4% growth, while FY 2022 revenues are expected to be over $1,775 million, reflecting a 36.8% increase.
Globant (NYSE: GLOB) has launched its second global campaign of 2022, titled "Reinventing Consultancy", in collaboration with GUT Buenos Aires. This campaign features two satirical films, "1000 Slides" and "Copy/Paste", aimed at critiquing traditional business consultancy methods. With the tagline "Seek Reinvention", the mission emphasizes agile and innovative processes for digital transformation, catering to Fortune 500 companies. The campaign reflects feedback from clients highlighting Globant's flexibility and engagement compared to other firms.
Globant (NYSE: GLOB) has launched its Retail Studio as part of its Reinvention Studios portfolio, aimed at revolutionizing the retail industry. The studio focuses on enhancing customer engagement through automated supply chain visibility and phygital experiences. It leverages technologies like AI, blockchain, and data analytics to help retailers adapt to rapid market changes. Key offerings include a focus on customer-centric solutions, smart loyalty programs, and operational transformations, enabling retailers to diversify revenue streams through innovative business models.
Globant (NYSE: GLOB) will release its second-quarter results on August 18, 2022, after market hours. This announcement follows the company's ongoing commitment to transparency with its investors. CEO Martin Migoya and CFO Juan Urthiague will host a video conference call at 4:30 PM ET to discuss the results, reflecting the company's emphasis on shareholder engagement. Globant continues to play a significant role in digital transformation, providing services to major corporations globally.
On August 4, 2022, Globant (NYSE: GLOB) launched its Automotive Studio, part of its Reinvention Studios portfolio. This new initiative aims to leverage innovative technology solutions to transform the automotive industry. The studio will provide eight key practices, including Software-Defined Vehicle and Autonomous Driving, to enhance customer experiences and support mobility's digital evolution. Globant's focus is on using cutting-edge technologies like AI and IoT to drive change and create new business models in the automotive sector.
Globant (NYSE: GLOB) announced its first investment from the Be Kind Tech Fund in ping, a voice technology company focused on reducing distracted driving. This initiative aims to enhance road safety by allowing commercial drivers to hear messages read aloud in 105 languages, significantly minimizing texting while driving. The $5 million seed funding will help ping expand its patented technology to gig economy firms worldwide. This investment aligns with the Be Kind Tech Fund's mission to support startups addressing technology misuse, thereby promoting a safer digital environment.
DataArt has secured a $75 million minority growth investment from FTV Capital, marking a significant milestone following its record revenue growth in 2021, which exceeded $290 million. This funding aims to enhance DataArt's global delivery capabilities and innovate in cloud and data software services. Despite the geopolitical risks, the firm demonstrated resilience by hiring over 870 new employees in 2022 and relocating 1,300 staff due to the Ukraine conflict, ensuring uninterrupted service delivery.
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