Globant Analysts Slash Their Forecasts After Q1 Results

Globant S.A. GLOB reported worse-than-expected first-quarter financial results, issued second-quarter guidance below estimates, and cut its FY25 guidance, after the closing bell on Thursday.Globant reported quarterly earnings of $1.50 per share which missed the analyst consensus estimate of$1.58 per share. The company reported quarterly sales of $611.09 million which missed the analyst consensus estimate of$621.38 million.“Globant’s spirit of building and reinvention is stronger than ever. We are largely ...