Globant (GLOB) Tops Q1 EPS by 1c; Guides Q2, FY16
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Globant Reports 2016 First Quarter Financial Results
May 9, 2016 4:10 PM EDTSAN FRANCISCO, May 9, 2016 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally-native technology services company focused on creating digital journeys, today announced results for the three months ended March 31, 2016.
First Quarter 2016 Highlights
Revenue for the first quarter amounted to $73.3 million, representing a 34.5% year-over-year growth. Non-IFRS Adjusted Gross Profit for the first quarter was $33.0 million (45.0% Non-IFRS Adjusted Gross Profit Margin), an increase of $12.0 million compared to $21.0 million (and an increase of 650 basis points compared to 38.5% Non-IFRS Adjusted... More