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The latest announcement is out from Globant SA ( (GLOB) ).
Globant reported strong financial results for the fourth quarter and full year ending December 31, 2024. The company achieved a 15.3% year-over-year increase in revenue for the full year, reaching $2,415.7 million, driven by growth in its AI Industry Reinvention Studio Network and GUT Studio Network. This robust performance underscores Globant’s operational efficiency and strategic investment in AI, positioning it for continued success in the technology sector. The company also provided optimistic guidance for 2025, anticipating further revenue growth despite potential foreign exchange impacts.
More about Globant SA
Globant S.A. is a digitally native company that specializes in creating innovative technology solutions to transform businesses. With expertise in artificial intelligence, the company aims to bridge the gap between businesses and consumers through technology and creativity. Globant has a global presence, employing over 31,200 people across more than 30 countries, serving notable clients such as Google, Electronic Arts, and Santander.
YTD Price Performance: 2.13%
Average Trading Volume: 428,997
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $9.65B
See more data about GLOB stock on TipRanks’ Stock Analysis page.
