Globant Shares Fall 3% Despite Solid Q3 Performanc…

From Financial Modeling Prep: 2024-11-15 07:56:00

Globant S.A. (NYSE:GLOB) shares dropped over 3% in pre-market despite meeting analyst expectations in Q3. Revenue was $614.7 million, growing 12.7% year-over-year. The company served 969 customers with revenue over $100,000, up from 889 last year. Q4 guidance includes adjusted EPS of $1.71 to $1.75 and revenue of $642 million to $648 million. Full-year revenue forecasted at $2.415 billion to $2.421 billion, with an adjusted profit margin of 15.0% to 15.5%.



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