Globant Q2 Adjusted Earnings Fall, Revenue Rises; Q3 Guidance Set

MT Newswires Live
Aug 14

Globant SA (GLOB) reported Thursday Q2 adjusted earnings 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 ago.

Analysts surveyed by FactSet expected $612.9 million.

Company expects Q3 adjusted EPS between $1.43 to $1.53 on revenue between $607 million to $615 million.

Analysts polled by FactSet expect $1.59 on $626.0 million.

Company expects full-year adjusted EPS between $5.75 to $6.15 on revenue between $2.43 billion to $2.46 billion.

Analysts polled by FactSet expect $6.20 on $2.47 billion.

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