Globant S A Stock Price, News & Analysis

LeadingResponse has appointed Steven Roe as its new Chief Executive Officer, bringing over twenty years of executive leadership experience in operations, sales, and marketing. Roe has previously held leadership positions at notable companies including Max Media, Response Media, KnowledgeStorm, BrightWave Marketing, Globant (NYSE: GLOB), and SapientNitro.

The appointment was announced by Lloyd Metz, Managing Director at ICV Partners and Chair of LeadingResponse's board of directors, who emphasized Roe's extensive experience in digital marketing and technology. Roe's track record includes guiding mid-market organizations through digital transformation and building high-performing teams focused on sustainable growth.

Globant (NYSE: GLOB) has launched a new Team Content Delivery System for the 2025 Formula 1® season, debuting at the Formula 1 Louis Vuitton Australian Grand Prix 2025. The system enhances race team performance by providing real-time and archived video and data analysis capabilities.

The system integrates over 30 video channels with various audio sources and synchronized data events, enabling immediate replay analysis and live response. Key improvements include reduced response times from 9 seconds to under 5 seconds for paddock network connections and approximately 6 seconds for internet users.

Key features include:

• On-Prem video ingestion and cloud delivery pipelines
• Data normalization and classification
• Live-to-VOD storage and delivery
• Synchronized multiple video pipelines
• Enhanced user interface

Globant (NYSE: GLOB) has announced significant achievements in its partnership with the LA Clippers at Intuit Dome, serving over 400,000 fans in its first six months. The company deployed over 500 features across an end-to-end technology stack, involving more than 400 employees in the project.

Key implementations include a personalized fan identity platform, integrated ticketing system, biometric arena entry, and a frictionless purchasing system. The cashier-less checkout through the mobile app has resulted in 4-8x faster retail sales performance.

The technology stack enables personalized experiences including:

• Customized promotions and content
• In-seat engagement opportunities
• Real-time game updates
• Integrated loyalty programs

Globant (NYSE: GLOB) has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission (SEC). The 2024 Annual Report is now accessible through both the SEC's website and Globant's investor relations portal. Shareholders can also request a complimentary hard copy of the complete audited financial statements from the company's Luxembourg office.

Globant (NYSE: GLOB) reported strong financial results for Q4 and full-year 2024. Fourth quarter revenues reached $642.5 million, up 10.6% year-over-year, while full-year revenues grew 15.3% to $2,415.7 million.

Q4 2024 highlights include IFRS Diluted EPS of $0.85 and Non-IFRS Adjusted Diluted EPS of $1.75. The company maintained healthy margins with Non-IFRS Adjusted Profit from Operations Margin at 15.7%. Globant served 1,012 customers with revenues over $100,000, including 346 accounts generating more than $1 million annually.

For 2025, Globant projects Q1 revenues between $618-628 million (8.2-10.0% growth) and full-year revenues of $2,635-2,705 million (9.1-12.0% growth). The company expects Non-IFRS Adjusted Diluted EPS of $6.80-7.20 for 2025.

Globant (NYSE: GLOB) has announced it will release its fourth quarter and full year 2024 financial results on Thursday, February 20th, 2025, after market close. The company will host a video conference call at 4:30 pm ET on the same day to discuss the results. The call will feature CEO & co-founder Martin Migoya, CFO Juan Urthiague, COO Patricia Pomies, and CTO Diego Tártara.

Globant (NYSE: GLOB) has partnered with Red Sea Global (RSG) to develop a digital program transforming visitor experiences at Saudi Arabia's luxury tourism destination, The Red Sea. The initiative integrates artificial intelligence, IoT, and data analytics to create personalized, real-time interactions for visitors.

The project aims to set new global standards for connected visitor experiences, combining luxury tourism with sustainability. The Red Sea destination currently features five operational world-class resorts, with 11 more planned to open in 2025. By 2030, the destination will expand to include 50 resorts, 8,000 hotel rooms, and 1,000 residential properties, along with luxury amenities.

The partnership aligns with Saudi Arabia's Vision 2030 strategy, focusing on sustainable and technologically advanced tourism. The platform will be available for adoption by destinations worldwide, potentially revolutionizing how travelers interact with destinations and Online Travel Agencies operate.

Orbus Software, a leading SaaS enterprise transformation software provider, has secured a significant growth equity investment from FTV Capital, alongside existing investor SilverTree Equity. The investment will fuel Orbus's U.S. expansion, enhance platform technology and AI capabilities, and strengthen its position in regulated industries.

The company's enterprise architecture platform, OrbusInfinity, helps IT and business leaders manage digital transformation initiatives, reduce costs and risks, and ensure regulatory compliance. Orbus recently acquired Capsifi, a Sydney-based business architecture software provider, strengthening its APAC presence. The company serves notable customers including UPS, AutoZone, and Alaska Airlines, and has been recognized as a leader in the 2024 Gartner Magic Quadrant for Enterprise Architecture Tools.

Faros AI and Globant (NYSE: GLOB) have announced a strategic partnership aimed at accelerating client transformation through AI-based projects. The collaboration introduces an innovative method for measuring team performance and impact within the software development life cycle.

Globant will implement Faros AI's platform globally to optimize engineering workflows, benchmark productivity, and identify improvement opportunities. The platform provides frictionless data consolidation from engineering tools and offers live feedback for continuous workflow enhancement. Faros AI's Lighthouse AI framework delivers root cause analysis and customized recommendations to improve lead times, product quality, and production reliability.

According to Gartner, 50% of software engineering organizations will use software engineering intelligence platforms by 2027, compared to 5% in 2024.