Globant's (GLOB) Q2 Earnings Beat Estimates, Revenues Up Y/Y

Globant (GLOB) reported second-quarter 2024 non-GAAP earnings per share (EPS) of $1.51, beating the Zacks Consensus Estimate by 0.67$1.36 per share in the prior-year quarter. Revenues in the quarter totaled $587.5 million, almost in line with the Zacks Consensus Estimate. Total revenues rose 18.1% year over year. The uptick was attributable to solid momentum across most of the business segments. Management highlighted massive growth of 130% in AI-related sales in the first half of ...