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Update: Global-e Online Shares Decline After Revenue Guidance Fall Short of Expectations
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Update: Global-e Online Shares Decline After Revenue Guidance Fall Short of Expectations
Feb 19, 2025 9:04 AM

11:42 AM EST, 02/19/2025 (MT Newswires) -- (Updates with recent stock movement in the headline and the first paragraph.)

Global-e Online ( GLBE ) shares retreated 16% in recent Wednesday trading after the company issued revenue guidance for Q1 and 2025 that trailed analysts' estimates.

The company 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.

Price: 52.10, Change: -9.80, Percent Change: -15.83

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