GLOB Q1 2024 Earnings — Globant S.A. Revenue & Financial Results | Market Cap Arena

GLOBGlobant S.A.

$2B

Q1 2024 Earnings

Technology Information Technology Services

Income Statement

Revenue

$571M+20.9% YoY

Gross Profit

$202M35.4% margin

Operating Income

$48M8.4% margin

Net Income

$45M7.9% margin

EPS (Diluted)

$1.02

QoQ Revenue Growth

-1.7%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

-$5M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$863M

Stockholders' Equity

$1.7B

Cash & Equivalents

$226M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$571M	$472M	+20.9%
Gross Profit	$202M	$168M	+20.2%
Operating Income	$48M	$44M	+8.4%
Net Income	$45M	$36M	+23.7%