Globant Shares Decline on 3Q, 2025 Revenue Outlook

Dow Jones
昨天
 

By Denny Jacob

 

Globant shares declined 12% after its outlook for the current quarter and remainder of the year came up short of Wall Street's estimates.

Shares on Friday were trading around $68.81. The stock is down 64% on the year.

The information technology services provider forecast revenue to be at least $615 million in the third quarter and at least $2.45 billion for the year.

Analysts polled by FactSet expected at least $618 million and $2.46 billion for the respective periods.

 

Write to Denny Jacob at denny.jacob@wsj.com

 

(END) Dow Jones Newswires

August 15, 2025 06:33 ET (10:33 GMT)

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