Globant: Q1 Earnings Insights

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.

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.

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.

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