Globant announced its financial results for the fourth quarter and full year ended December 31, 2024, reporting record quarterly revenue of $642.5 million and an all-time high annual revenue of $2,415.7 million. This represents a 15% year-over-year growth for the full year.
For Q4 2024, the company reported net income of $38.4 million, with basic earnings per share of $0.88 and diluted earnings per share of $0.85. Non-IFRS adjusted diluted EPS for the quarter was $1.74, aligning with analyst expectations.
Globant provided its outlook for the first quarter of 2025, expecting revenues of at least $610 million and non-IFRS adjusted diluted EPS of at least $1.50 per share. The full-year 2025 outlook projects revenues of at least $2.445 billion and non-IFRS adjusted diluted EPS of at least $6.12 per share, reflecting confidence in continued growth driven by AI investments and service expansion.
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