Globant Reports Q4 Earnings, Tops Estimates on EPS

Globant SA (GLOB) reported its fourth-quarter results on Thursday, beating Wall Street expectations on earnings per share (EPS).

Financial Highlights:

* Revenue: $642.5 million (missed expectations of $644.8 million)
* Net Income: $38.4 million
* EPS: $0.85
* Adjusted EPS: $1.75 (exceeded estimates of $1.74)

Full-Year Results:

* Revenue: $2.42 billion
* Net Income: $165.7 million
* EPS: $3.72

Guidance:

* Q1 2023 EPS Estimate: $1.55-$1.63
* Q1 2023 Revenue Estimate: $618-$628 million
* 2023 Full-Year EPS Estimate: $6.80-$7.20
* 2023 Full-Year Revenue Estimate: $2.64-$2.71 billion