NYSE:GLOBIT
Is Globant’s (GLOB) Weaker Fourth-Quarter Outlook a Temporary Setback or a Shift in Strategy?
Globant S.A. recently reported third-quarter results showing relatively flat year-over-year sales at US$617.14 million and a decline in net income to US$33.1 million, alongside updated earnings guidance for the fourth quarter and full year of 2025.
An important insight from these announcements is the company’s guidance for at least a 5.8% decline in quarterly revenue compared to the previous year, despite some benefit from positive foreign exchange movements.
We'll examine how Globant's...