GLOB Q1 2023 Earnings — Globant S.A. Revenue & Financial Results | Market Cap Arena

GLOBGlobant S.A.

$2B

Q1 2023 Earnings

Technology Information Technology Services

Income Statement

Revenue

$472M+17.7% YoY

Gross Profit

$168M35.6% margin

Operating Income

$44M9.4% margin

Net Income

$36M7.7% margin

EPS (Diluted)

$0.84

QoQ Revenue Growth

-3.7%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

-$2M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$563M

Stockholders' Equity

$1.6B

Cash & Equivalents

$254M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$472M	$401M	+17.7%
Gross Profit	$168M	$152M	+10.4%
Operating Income	$44M	$51M	-12.8%
Net Income	$36M	$37M	-0.6%