Globant SA has reported its financial results for the first quarter of 2025, showing a 7.0% increase in revenues year-over-year, reaching $611.1 million. The company also reported an IFRS Diluted EPS of $0.68 for the quarter. Non-IFRS Adjusted Diluted EPS was $1.50, slightly down from $1.53 in the first quarter of 2024. The IFRS Gross Profit Margin slightly decreased to 34.9% from 35.4% in the same period last year, while the Non-IFRS Adjusted Gross Profit Margin remained stable at 38.0%. Globant's financial outlook for the second quarter of 2025 estimates revenues of at least $612.0 million, reflecting a 4.2% year-over-year growth. For the full fiscal year 2025, the company anticipates a Non-IFRS Adjusted Diluted EPS of at least $6.10. As of March 31, 2025, Globant held $120.2 million in cash and cash equivalents and short-term investments, and had drawn $285.0 million from its credit facility. The company employed 31,102 individuals, with 29,022 in technology, design, and innovation roles.