Global-e Online (GLBE) Misses Q1 EPS by 35c
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Global-e Reports First Quarter 2022 Results
May 16, 2022 4:05 PM EDTPETAH-TIKVA, Israel, May 16, 2022 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE) the global leader of Direct-To-Consumer cross border eCommerce enablement, today reported financial results for the first quarter of 2022.
The strength of our business model, as well as the huge market potential ahead of us, are reflected in the strong Q1 results we are reporting today, said Amir Schlachet, Founder and CEO of Global-e. The business is performing well across all the key metrics, with many exciting new merchant launches including global mega-brand Adidas, who selected Global-e to support its strategic direct-to-consumer growth... More