Globant (GLOB) Misses Q3 EPS by 1c; Guides Q4 EPS Below Views

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Jefferies Cuts Price Target on Globant (GLOB) to $39 Following 3Q

November 16, 2016 8:23 AM EST

Jefferies maintained a Hold rating on Globant S.A. (NYSE: GLOB), and cut the price target to $39.00 (from $40.00), following the company's 3Q earnings report. The company lowered the F16 EPS guidance range, while raising the lower-end of its F16 revs guidance range.... More

Globant (GLOB) Acquires Digital Services Company L4

November 14, 2016 4:34 PM EST

Globant (NYSE: GLOB) announced the acquisition of L4, a leading digital services company. With this acquisition, Globant expands its US footprint leveraging L4's presence in Seattle.

This acquisition is aligned with Globant's unique vision of creating digital journeys, which involves the creation of different products that take into account each moment of interaction between the brand and the user, creating experiences that are relevant to the moment, the consumer and the environment. Aligned to it, L4's main... More