Globant (GLOB) Tops Q4 EPS by 1c; offers guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Nasdaq futures drop over 2% as AI buildout costs, Fed rate outlook weigh
- Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
- Oil prices fall as investors focus on Hormuz flows after peace talks
- SpaceX slides, tech stocks dip — what’s moving markets
- Deutsche Bank cuts gold outlook as Fed repricing weighs on prices
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Globant (GLOB) slides on conservative full-year guidance
February 16, 2024 10:28 AM ESTGlobant (NYSE: GLOB) reported a slight beat in its fourth-quarter earnings, with an adjusted EPS of $1.62, marginally surpassing the analyst consensus of $1.61. The revenue for the quarter also saw a slight increase to $580.7 million, just above the consensus estimate of $579.45 million. Despite these gains, the company's shares fell by 4.9% as the guidance for the first quarter and full fiscal year of 2024 fell short of analyst expectations.
The fourth-quarter revenue represented an 18.3% increase YoY, signaling robust growth for the company. However, the guidance... More
