FIFA Bonds With Globant To Boost Its Streaming Platform Ahead Of World Cup 2022 - Globant (NYSE:GLOB)

FIFA struck a multi-year agreement with digital consultant and software provider Globant S.A. GLOB to drive the growth of the FIFA+ streaming platform and support football's flagship events, starting with the FIFA World Cup Qatar 2022.
Globant will be the Global Platform Supporter of FIFA+, the game-changing digital destination launched earlier this year.
As part of its responsibilities, Globant, which has 25,900 employees and a presence in 20 countries, will create new features and connected experiences for FIFA+ users while supporting the platform's distribution.
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Globant will be a Regional Supporter of this year's FIFA World Cup in North America and Europe and a Sponsor of the FIFA Women's World Cup Australia & New Zealand 2023.
Globant will also be a FIFAe Series Global Sponsor in 2023, 2024, and 2025 and a worldwide Tournament Supporter of the FIFA U-17 Women's World Cup 2024, FIFA U-20 Women's World Cup 2024, FIFA U-17 World Cup 2025 and FIFA U-20 World Cup 2025.
Romy Gai, FIFA's Chief Business Officer, "Through its multi-faceted support, Globant will play a vital role in accelerating the development of FIFA+ as a groundbreaking digital hub that inspires and engages football enthusiasts across the globe."
Globant reported second-quarter revenue growth of 40.6% year-over-year to $429.3 million, beating the consensus of $425.55 million.
Adjusted EPS was $1.22, beating the consensus of $1.19.
Price Action: GLOB shares closed lower by 3.47% at $166.83 on Friday.
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