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Globant Q2 Adjusted Earnings, Revenue Rise; 2024 Outlook Set
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Globant Q2 Adjusted Earnings, Revenue Rise; 2024 Outlook Set
Aug 15, 2024 2:06 PM

04:45 PM EDT, 08/15/2024 (MT Newswires) -- Globant ( GLOB ) reported Q2 adjusted diluted earnings late Thursday of $1.51 per share, up from $1.36 a year earlier.

Analysts polled by Capital IQ expected normalized EPS of $1.49.

Revenue for the quarter that ended June 30 was $587.5 million, up from $497.5 million a year earlier.

Analysts surveyed by Capital IQ expected $586.7 million.

The company said it expects Q3 adjusted diluted EPS of $1.60 to $1.64 and full-year 2024 adjusted EPS of $6.30 to $6.50. Analysts surveyed by Capital IQ expect a normalized EPS of $1.61 for Q3 and $6.34 for 2024.

Globant ( GLOB ) expects Q3 revenue of $611 million to $617 million and full-year revenue of $2.41 billion to $2.42 billion. Analysts polled by Capital IQ expect $618.3 million for Q3 and $2.42 billion for 2024.

Globant ( GLOB ) shares were up nearly 3% in after-hours activity.

Price: 200.00, Change: +5.63, Percent Change: +2.90

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