Globant: Q2 Earnings Insights

  Globant (NYSE:GLOB) reported its Q2 earnings results on Thursday, August 18, 2022 at 04:15 PM. Here's what investors need to know about the announcement.

 

Globant (NYSE:GLOB) reported its Q2 earnings results on Thursday, August 18, 2022 at 04:15 PM.

Here’s what investors need to know about the announcement.

Earnings

Globant beat estimated earnings by 2.52%, reporting an EPS of $1.22 versus an estimate of $1.19.

Revenue was up $124.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 1.53% drop in the share price the next day.

Here’s a look at Globant’s past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.16 1.02 0.93 0.84
EPS Actual 1.19 1.07 0.98 0.88
Revenue Estimate 397.75M 359.39M 326.90M 284.80M
Revenue Actual 401.38M 379.82M 341.83M 305.26M

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.

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