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Global-e Online Swings to Q4 Profit, Revenue Increases

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Global-e Online Swings to Q4 Profit, Revenue Increases

Feb 19, 2025 5:11 AM

07:30 AM EST, 02/19/2025 (MT Newswires) -- Global-e Online ( GLBE ) reported Q4 earnings Wednesday of $0.01 per diluted share, swinging from a loss of $0.13 a year earlier.

Analysts polled by FactSet expected a break even.

Revenue for the quarter ended Dec. 31 was $262.9 million, compared with $185.4 million a year earlier.

Analysts surveyed by FactSet expected $251 million.

The company said it expects Q1 revenue of $184.5 million to $191.5 million. Analysts polled by FactSet expect $192.7 million.

For 2025, the company expects revenue to be between $917 million and $967 million. Analysts polled by FactSet expect $970.1 million.

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