GLOB DOWN: Globant earnings miss, guidance cut | Ezbrisk
By: Ezbrisk
Published:
Anomaly score: -5.0
Confidence: 0.75
Market summary
Globant earnings miss, guidance cut
Ezbrisk assessment
Globant's Q2 revenue was flat year-over-year at $614 million, missing expectations, while non-IFRS EPS of $1.40 also fell short of prior year levels, and management guided Q3 revenue to decline year-over-year, all while the stock moved violently lower.
Sources: https://www.sec.gov/Archives/edgar/data/1557860/000110465926095916/tm2623064d1_6k.htm, https://www.sec.gov/Archives/edgar/data/1557860/000110465926095916/tm2623064d1_ex99-1.htm
Verdict ID: c1879cde-fb77-4a55-affd-a9035fe55303