Globant (NYSE:GLOB) reported its Q1 earnings results on Thursday, May 18, 2023 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Globant beat estimated earnings by 0.79%, reporting an EPS of $1.28 versus an estimate of $1.27.
Revenue was up $71.04 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 6.79% increase in the share price the next day.
Here’s a look at Globant’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.38 | 1.26 | 1.19 | 1.16 |
| EPS Actual | 1.40 | 1.27 | 1.22 | 1.19 |
| Revenue Estimate | 490.04M | 457.08M | 425.55M | 397.75M |
| Revenue Actual | 490.72M | 458.88M | 429.26M | 401.38M |
To track all earnings releases for Globant visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
