Globant Reports 2020 Second Quarter Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/17/2026
- Wall Street indexes slip as oil prices rise, retail results awaited
- Trump threatens to bomb Oman over Iran stance
- Why this Wall Street strategist says the "trade is long gold"
- U.S. EV market shows signs of bottoming out: Bernstein
- Micron rises as White House presses Apple to avoid Chinese memory chips
- Wall Street indexes slip as oil prices rise, retail results awaited
- Trump threatens to bomb Oman over Iran stance
- L3Harris CEO steps down amid conduct review, shares drop
- Oil settles up over $2 as Iran war stalemate stokes supply concerns
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
Globant (GLOB) Tops Q2 EPS by 3c, Revenues Beat; Offers 3Q EPS/Revenues Guidance Above Consensus
August 13, 2020 4:24 PM EDTGlobant (NYSE: GLOB) reported Q2 EPS of $0.51, $0.03 better than the analyst estimate of $0.48. Revenue for the quarter came in at $182.7 million versus the consensus estimate of $179.9 million.
Second Quarter 2020 Financial Highlights
Revenues rose to $182.7 million, representing 16.0% year-over-year growth compared to the second quarter of 2019.IFRS Gross Profit margin was 36.3% compared to 38.5% in the second quarter of 2019.Non-IFRS Adjusted Gross Profit Margin was 38.2% compared to 40.2% in the second quarter of 2019.IFRS Profit from Operations Margin was 8.1% compared to 12.3% in the second quarter of 2019.Non-IFRS Adjusted Profit from Operations... More