Jefferies Cuts Price Target on Globant (GLOB) to $39 Following 3Q
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November 14, 2016 4:50 PM EST
Globant (NYSE: GLOB) reported Q3 EPS of $0.30, $0.01 worse than the analyst estimate of $0.31. Revenue for the quarter came in at $82.4 million versus the consensus estimate of $81.74 million.
GUIDANCE:
Globant sees Q4 2016 EPS of $0.30-$0.33, versus the consensus of $0.35. Globant sees Q4... More
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
