GLOB Q3 2023 Earnings — Globant S.A. Revenue & Financial Results | Market Cap Arena

GLOBGlobant S.A.

$2B

Q3 2023 Earnings

Technology Information Technology Services

Income Statement

Revenue

$545M+18.8% YoY

Gross Profit

$177M32.5% margin

Operating Income

$61M11.2% margin

Net Income

$43M7.9% margin

EPS (Diluted)

$0.98

QoQ Revenue Growth

+9.6%

Cash Flow

Operating Cash Flow

$87M

Free Cash Flow

$61M

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$643M

Stockholders' Equity

$1.7B

Cash & Equivalents

$197M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$545M	$459M	+18.8%
Gross Profit	$177M	$156M	+13.5%
Operating Income	$61M	$56M	+8.7%
Net Income	$43M	$36M	+19.5%