Globant Expands in Los Angeles with New Flagship Office

Technology Giant Globant Expands in Los Angeles

Globant announced the opening of a new flagship office in the Intuit Dome in Inglewood, Los Angeles. The office, Globant's fifth in the United States, is located in the home of the Los Angeles Clippers. This expansion emphasizes Globant's commitment to AI technology and innovation, leveraging its partnerships with sports organizations to enhance fan experiences.

Globant

Globant Reports Strong Earnings and Exceeds Analysts' Expectations

Globant (GLOB) Set to Announce Earnings on Thursday

Globant reported earnings of $1.51 per share for the quarter ending August 15th, surpassing analysts' expectations of $1.50 per share. The company also reported a revenue of $587.46 million, exceeding analysts' expectations of $586.72 million. Analysts predict earnings of $1.63 per share for the quarter ending November 14th, indicating continued strong performance.

Globant Launches New Edition of CONVERGE AI Summit

Globant Launches New Edition of CONVERGE, Offering Groundbreaking Insights for Business Reinvention: "AI: Disrupt, Delight, Connect," to Broadcast on November 21st

Globant's CONVERGE AI Summit Returns with F1, Microsoft & Gwyneth Paltrow as Speakers | GLOB Stock News

Globant announced the launch of its annual flagship event, CONVERGE AI: Disrupt, Delight, Connect, scheduled for November 21, 2024. The event will feature high-profile speakers from F1, Mercado Libre, goop, SAP, and others, focusing on AI's role in business reinvention. This event builds on last year's success, which had over 40,000 virtual registrations.

Globant Scheduled to Post Earnings on Thursday

Globant (GLOB) Scheduled to Post Earnings on Thursday

Earnings Preview: Globant

Globant is set to release its earnings report on 2024-11-14. Analysts predict an EPS of $1.63 for the quarter, with a market cap of $9.97 billion and a price-to-earnings ratio of 61.11. The company's previous quarter showed revenue of $587.46 million, slightly above analyst estimates.

Institutional Investors Increase Holdings in Globant

Oppenheimer Asset Management Inc. Acquires 2,300 Shares of Globant S.A. (NYSE:GLOB)

Several institutional investors increased their holdings in Globant S.A. during the first and third quarters of 2024. Oppenheimer Asset Management Inc. increased its holdings by 2.5%, while other investors like Headlands Technologies LLC, Entropy Technologies LP, and State Board of Administration of Florida Retirement System also raised their stakes in Globant.

Globant Executives Discuss Future Trends in AI

From the Web: ‘AI Giants Deploy Digital Customer Service Agents’

JJ Lopez Murphy, head of data science and AI at Globant, predicts that autonomous AI agents will transform customer service and operations, providing faster, more personalized assistance and reducing costs. This aligns with announcements from Microsoft and Salesforce regarding autonomous AI agents in their platforms.

Changes in Institutional Ownership of Globant Shares

Janney Montgomery Scott LLC Cuts Stock Holdings in Globant S.A. (NYSE:GLOB)

Several institutional investors have made changes to their holdings in Globant shares. Janney Montgomery Scott LLC reduced its holdings by 3.9%, while other firms like Seven Eight Capital LP, Vanguard Group Inc., and Cetera Investment Advisers increased their holdings. Globant's market capitalization is $10.08 billion.

WCM Investment Management LLC Reduces Stake in Globant

WCM Investment Management LLC Sells 95,192 Shares of Globant S.A. (NYSE:GLOB)

WCM Investment Management LLC reduced its position in Globant S.A. by 24.9% during the third quarter by selling 95,192 shares. However, other institutional investors like Quarry LP and Ridgewood Investments LLC increased their stakes in Globant.

Globant is a technology services company that provides digital and cognitive transformation services. The company focuses on creating digital products and experiences for various industries.

Globant S.A. operates as a technology services company worldwide. It offers e-commerce, new distribution capabilities, augmented revenue management, hyper connected operation, and conversational user experience services through reinvention studios; digital lending, commercial effectiveness, finance, sustainability, regulation analytic, transformation and post-merger integration, and payment and open banking services; and game and graphic engineering, UI and UX design, game as a service, DevOps, and online services, as well as high tech tools. The company also provides smart farming, image diagnosis, healthcare interoperability, genomics data processing, telemedicine and medical device, research and development, and precision medicine services; media and entertainment, and travel and hospitality services; cloud transformation advice, building cloud environment, moving workloads to the cloud, cloud support and operation, chaos engineering, and site reliability engineering services; and data strategies, insights, data platforms, MLOps, and data as a product services. In addition, it offers agile delivery, blockchain, business and cultural hacking, conversational interface, cybersecurity, design, digital sales and marketing, enterprise applications, internet of thing, metaverse, process optimization, quality engineering, salesforce, smart venue, UI engineering, and sustainable business solutions. Further, the company provides smart underwriting, monitoring, and digital collection services; digital experience platforms; product strategy, management, and delivery services; and strategic architecture consulting, platforms evolution, and augmented composable solutions. Additionally, it operates augmented coding and testing, StarMeUp, PagoChat, ShopChat, and Walmeric platforms. The company was formerly known as IT Outsourcing S.L. and changed its name to Globant S.A. in December 2012. Globant S.A. was founded in 2003 and is based in Luxembourg.

COM:GLOBANT

Globant

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