Global-e Online Q1 Non-GAAP Earnings, Revenue Rise; Shares Up Pre-Bell

MT Newswires Live
05/13

Global-e Online (GLBE) reported Q1 non-GAAP earnings Wednesday of $0.27 per diluted share, up from $0.18 a year earlier.

Four analysts polled by FactSet expected $0.25.

Revenue for the quarter ended March 31 was $252.1 million, up from $189.9 million a year earlier.

Analysts surveyed by FactSet expected $250.8 million.

For Q2, the company expects revenue of $278.5 million to $285.5 million. Analysts polled by FactSet expect $277.4 million.

For 2026, Global-e Online now expects revenue of $1.22 billion to $1.28 billion, compared with its prior outlook range of $1.21 billion to $1.27 billion. Analysts surveyed by FactSet expect $1.24 billion.

Global-e Online shares were up 9.7% in premarket activity.

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