GLOB Q3 2024 Earnings — Globant S.A. Revenue & Financial Results | Market Cap Arena

GLOBGlobant S.A.

$2B

Q3 2024 Earnings

Technology Information Technology Services

Income Statement

Revenue

$615M+12.7% YoY

Gross Profit

$222M36.2% margin

Operating Income

$65M10.6% margin

Net Income

$46M7.4% margin

EPS (Diluted)

$1.02

QoQ Revenue Growth

+4.6%

Cash Flow

Operating Cash Flow

$91M

Free Cash Flow

$70M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$945M

Stockholders' Equity

$1.9B

Cash & Equivalents

$199M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$615M	$545M	+12.7%
Gross Profit	$222M	$177M	+25.4%
Operating Income	$65M	$61M	+6.7%
Net Income	$46M	$43M	+5.9%