GLOB Q2 2024 Earnings — Globant S.A. Revenue & Financial Results | Market Cap Arena

GLOBGlobant S.A.

$2B

Q2 2024 Earnings

Technology Information Technology Services

Income Statement

Revenue

$587M+18.1% YoY

Gross Profit

$210M35.7% margin

Operating Income

$54M9.2% margin

Net Income

$39M6.6% margin

EPS (Diluted)

$0.87

QoQ Revenue Growth

+2.9%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

-$28M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$780M

Stockholders' Equity

$1.8B

Cash & Equivalents

$158M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$587M	$498M	+18.1%
Gross Profit	$210M	$181M	+15.9%
Operating Income	$54M	$47M	+15.3%
Net Income	$39M	$37M	+4.5%