Global-e Online (GLBE) Misses Q2 EPS by 1c, Revenue Beats, Offers Guidance

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Global-e Reports Second Quarter 2022 Results

August 16, 2022 7:00 AM EDT

PETAH-TIKVA, Israel, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE) the global leader ofDirect-To-Consumer cross border eCommerce enablement, today reported financial results for the second quarter of 2022.

The record results we are publishing today for the second quarter of 2022, together with the updated guidance for the third quarter and full year, illustrate the continued momentum of our business, as evident from top-linegrowth, improved profitability and the strong new bookings pipeline, said Amir Schlachet, Founder and CEO of Global-e. We remain focused on executing across all fronts,to tap the massiveglobal direct-to-consumer... More