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 (GLOB) reported third quarter 2020 revenues of $207.2 million, a 20.9% increase year-over-year. However, the IFRS Gross Profit margin decreased to 37.1% from 38.7% in Q3 2019 and diluted EPS fell to $0.30 from $0.40 in the same period. For the nine months ended September 30, revenues grew to $581.5 million, a 22.4% increase, but the IFRS Gross Profit margin dropped to 37.0%. Fourth quarter 2020 revenue is estimated at least $220 million, reflecting a 19.4% year-over-year growth.
Globant (NYSE: GLOB) announces its commitment to become carbon neutral by the end of 2021, building on its 2020 pledge to transition to renewable energy. This initiative is part of the company's Be Kind program, focused on sustainability and reducing environmental impact. Globant aims to neutralize emissions through innovative projects and demonstrates its leadership in digital transformation. The firm has also implemented recycling and awareness programs at its development centers while committing to promote diversity and accessibility.
Globant (NYSE: GLOB) will announce its third-quarter financial results on November 12, 2020, after market close. Following the release, CEO Martin Migoya and CFO Juan Urthiague will host a conference call at 4:30 PM ET to discuss the results. Globant focuses on digital technology services, employing over 12,300 people across 16 countries. The company has collaborated with major clients like Google and Santander, and has been recognized as a leader in customer experience improvement.
Globant has launched the Globant Awards: Women That Build Edition, aimed at recognizing leading women in technology. The awards, judged by prominent figures including Shari Loessberg from MIT and Linda Rottenberg of Endeavor Global, focus on honoring women who significantly impact innovation and inclusivity in the IT industry. Nominations are open until November 4, 2020, with winners announced by December 2020. Globant emphasizes gender equality initiatives and aims to inspire more women to pursue careers in STEM.
Globant (NYSE: GLOB) is set to present its AI-powered software development solution, Augmented Coding, at the virtual CONVERGE event on September 17 at noon EST. CEO Martín Migoya emphasized its potential to enhance productivity and creativity in engineering. The event will feature notable speakers, including Steve Wozniak, and aims to redefine the future of work through AI. Globant, recognized for its innovation in digital transformation, employs over 12,300 individuals globally, serving clients like Google and Santander.
Globant (GLOB) reported Q2 2020 revenues of $182.7 million, marking a 16.0% year-over-year increase. The IFRS diluted EPS was $0.26, down from $0.36 in Q2 2019, while non-IFRS diluted EPS stood at $0.51, slightly lower than $0.53 a year prior. The company anticipates Q3 2020 revenues of at least $203 million, reflecting 18.5% growth year-over-year. Strong cash position with $404.1 million in cash & equivalents enhances operational flexibility.
Globant (NYSE: GLOB) will release its second quarter financial results on August 13, 2020, after market close. CEO Martin Migoya and CFO Juan Urthiague will discuss the results in a conference call at 4:30pm ET. The company emphasizes its role as a leader in digital strategy consulting, with a workforce of over 12,500 employees across 16 countries, serving major clients like Google and Santander. Globant has been recognized for its innovative approach in technology and digital services.
Globant (NYSE: GLOB) announced on August 3, 2020, the acquisition of gA, a prominent digital and cloud transformation services firm. The move aims to enhance Globant's capabilities in Life Sciences, CPG, Manufacturing, and Logistics. gA's expertise and relationships with Fortune 500 companies will deepen Globant's service offerings. With over 1,100 IT professionals, gA is well-positioned in data science and cloud technologies, enhancing its operational footprint across the Americas and Europe.
Globant (NYSE: GLOB) has launched the Continuity Studio aimed at enhancing business resilience amid pandemic-related challenges. This studio leverages technology to optimize business operations, support cultural integrity, and ensure seamless customer experiences. Key areas of focus include AI-driven business continuity, process optimization, and virtual customer interactions. With over 12,500 professionals, Globant collaborates with major corporations like Google and Electronic Arts, establishing itself as a key player in digital transformation.
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