Globant Announces Proposed Public Offering of Common Shares
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SAN FRANCISCO, May 24, 2021 /PRNewswire/ Globant S.A. (NYSE: GLOB), a digitally native technology services company today announced that it intends to offer and sell 1,000,000 of its common shares (the Shares ), subject to market and other conditions, in an underwritten public offering. All of the Shares will be sold by Globant. Globant intends to grant the underwriters a 30-day option to purchase up to 150,000 additional Shares at the public offering price, less the underwriting discounts and commissions.
Globant intends to use the proceeds from this offering for general corporate purposes, including working capital, operating expenses and capital expenditures. In connection with the advancement of its acquisition strategy, Globant may use a portion of the proceeds from this offering to fund acquisitions.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Globant Reports 2021 First Quarter Financial Results
May 13, 2021 GMT
Globant new logo (PRNewsfoto/Globant)
Strong Start to the Year
First quarter revenues of $270.2 million, up 41.0% year-over-year
IFRS Diluted EPS of $0.53 for the first quarter
Non-IFRS Diluted EPS of $0.83 for the first quarter
LUXEMBOURG, May 13, 2021 /PRNewswire/ Globant (NYSE: GLOB), a digitally native technology services company, today announced results for the three months ended March 31, 2021.
Please see highlights below, including certain Non-IFRS measures. Note that reconciliations between Non-IFRS financial measures and IFRS operating results are disclosed at the end of this press release.
Globant Reports 2021 First Quarter Financial Results
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First
IFRS Diluted EPS of $0.53 for the first quarter
Non-IFRS Diluted EPS of $0.83 for the first quarter
LUXEMBOURG, May 13, 2021 /PRNewswire/ Globant (NYSE: GLOB),
a
digitally native technology services company, today announced results for the three months ended March 31, 2021.
Please see highlights below, including certain Non-IFRS measures. Note that reconciliations between Non-IFRS financial measures and IFRS operating results are disclosed at the end of this press release.
First Quarter 2021 Financial Highlights
Revenues rose to $270.2 million, representing 41.0% year-over-year growth compared to the first quarter of 2020.
IFRS Gross Profit margin was 38.2% compared to 37.7% in the first quarter of 2020.
Globant to Announce First Quarter 2021 Financial Results on May 13th
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LUXEMBOURG, May 6, 2021 /PRNewswire/ Globant (NYSE: GLOB), a digitally native technology services company, today announced it will release results for the first quarter ended March 31st, 2021 on Thursday May 13th, 2021 after the close of regular market hours.
Following the release, Martin Migoya, Globant s CEO & co-founder, and Juan Urthiague, Globant s CFO, will discuss the results in a video conference call beginning at 4:30pm ET.
Video conference call access information is:
About Globant (NYSE:GLOB)
We are a digitally native company that helps organizations reinvent themselves to create a way forward and unleash their potential. We are the place where innovation, design and engineering meet scale.
Globant to Hold its Annual General Meeting of Shareholders on April 2, 2021 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.