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18.08.2019 23:47:00

Globant Lifts Full-Year Guidance After a Strong Q2

Software consulting and IT services provider Globant (NYSE: GLOB) enjoys quite a niche in the field of direct digital transformation, which, as its name implies, involves restructuring legacy operations into digitally based processes and systems. The "digitally native" organization has enjoyed double-digit growth each year since its IPO in 2014, and it continues to exhibit top-line momentum, hitting an all-time quarterly revenue record in its second-quarter 2019 earnings report released on Aug. 15.Let's review the quarter and the company's revised outlook for the full 2019 year. Note that all comparable numbers that follow refer to those of the prior-year quarter.$127.9 millionContinue reading
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