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Globant Q4 Adjusted Earnings, Revenue Rise; Sets Outlook -- Shares Fall
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Globant Q4 Adjusted Earnings, Revenue Rise; Sets Outlook -- Shares Fall
Feb 20, 2025 2:23 PM

04:54 PM EST, 02/20/2025 (MT Newswires) -- Globant ( GLOB ) reported Q4 adjusted earnings late Thursday of $1.75 per diluted share, up from $1.62 a year earlier.

Analysts polled by FactSet expected $1.74.

Revenue for the quarter that ended Dec. 31 was $642.5 million, up from $580.7 million a year earlier.

Analysts surveyed by FactSet expected $644.3 million.

The company said it expects adjusted EPS of $1.55 to $1.63 for Q1 and $6.80 to $7.20 for the full year. Analysts expected $1.66 for the quarter and $7.34 for the year.

Globant ( GLOB ) expects revenue of $618 million to $628 million for Q1 and $2.64 billion to $2.71 billion for the full-year. Analysts expected $638 million for Q1 and $2.74 billion for 2024.

Globant ( GLOB ) shares were down about 10% in after-hours activity.

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