Global-E Online Ltd (GLBE) PT Lowered to $45 at BofA Securities
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Global-e Reports Second Quarter 2024 Results
August 14, 2024 7:00 AM EDTPETAH-TIKVA, Israel, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE) the leader of global Direct-To-Consumer eCommerce enablement, today reported financial results for the second quarter of 2024.
We report today the results of another very strong quarter of margin expansion and strong growth all across the business, with the second quarter of 2024 breaking a record, being our first ever non-peak quarter with GMV trading above the $1 billion mark, said Amir Schlachet, Founder and CEO of Global-e. We believe these strong results, and our solid growth outlook towards the... More
