GLOB Q2 2023 Earnings — Globant S.A. Revenue & Financial Results | Market Cap Arena

GLOBGlobant S.A.

$2B

Q2 2023 Earnings

Technology Information Technology Services

Income Statement

Revenue

$498M+15.9% YoY

Gross Profit

$181M36.3% margin

Operating Income

$47M9.4% margin

Net Income

$37M7.4% margin

EPS (Diluted)

$0.85

QoQ Revenue Growth

+5.3%

Cash Flow

Operating Cash Flow

$37M

Free Cash Flow

$9M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$569M

Stockholders' Equity

$1.6B

Cash & Equivalents

$241M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$498M	$429M	+15.9%
Gross Profit	$181M	$161M	+12.1%
Operating Income	$47M	$49M	-4.6%
Net Income	$37M	$37M	-0.3%