05:26 AM EDT, 08/14/2026 (MT Newswires) -- (Updates to include the stock movement in the headline and first paragraph.)

Globant ( GLOB ) shares were down nearly 15% in premarket activity Friday after the company's Q2 adjusted earnings and outlook fell short of market expectations.

The company reported Q2 adjusted earnings late Thursday of $1.40 per diluted share, down from $1.53 a year earlier.

Analysts polled by FactSet expected $1.50.

Revenue for the quarter ended June 30 was $614.4 million, up from $614.2 million a year earlier.

Analysts expected $612.9 million.

The company expects Q3 adjusted EPS between $1.43 and $1.53 on revenue of $607 million to $615 million. Analysts expect $1.59 and $626 million, respectively.

Globant ( GLOB ) expects full-year adjusted EPS between $5.75 and $6.15 on revenue of $2.43 billion to $2.46 billion. Analysts expect $6.20 and $2.47 billion, respectively.