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Globant Q1 Adjusted EPS Unchanged, Revenue Declines; Q2 Guidance Set

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Globant (GLOB) reported Q1 adjusted earnings late Thursday of $1.50 per diluted share, unchanged from a year earlier.

Analysts polled by FactSet expected $1.49.

Revenue for the three months ended March 31 was $607.1 million, down from $611.1 million a year earlier.

Analysts surveyed by FactSet expected $601.7 million.

For Q2, the company expects adjusted EPS of $1.45 to $1.55 on revenue of $610 million to $616 million. Analysts expect EPS of $1.54 on revenue of $613.3 million.

For the full-year 2026, the company expects adjusted EPS of $6.10 to $6.50 on revenue of $2.46 billion to $2.51 billion. Analysts expect EPS of $6.24 on revenue of $2.48 billion.

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