Globant (GLOB) Tops Q4 EPS by 2c; Issues Mixed Q1, FY16 Guidance

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Globant Reports 2015 Fourth Quarter and Full Year Financial Results

February 17, 2016 4:05 PM EST

SAN FRANCISCO, Feb. 17, 2016 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally-native technology services company focused on creating digital journeys, today announced results for the three and twelve months ended December 31, 2015.

Full Year 2015 Highlights

Revenue for the full year increased to $253.8 million, the company's highest annual revenue to date, representing 27.2% year-over-year growth. Non-IFRS Adjusted Gross Profit for the full year was $98.7 million (38.9% Non-IFRS Adjusted Gross Profit Margin), an increase of $16.9 million compared to $81.7 million (and a... More