Global-E rises after annual forecast raise

Global-E Online

19/11/2025 14:01

** Shares of e-commerce firm Global-E GLBE.O up 2.6% at $37.96 premarket

** GLBE expects FY25 GMV between $6.40 bln and $6.52 bln, up from prior view of $6.22 bln to $6.52 bln and above estimates of $6.33 bln - data compiled by LSEG

** Co sees FY25 revenue between $944.1 bln and $960.1 bln, up from previous forecast of $921.5 bln ti $971.5 bln and estimates of $945.7 bln

** GLBE reports Q3 GMV of $1.51 bln, beating analysts' average estimate of $1.48 bln - data compiled by LSEG

** Co posts Q3 revenue of $220.8 mln, topping expectations of $217.9 mln

** Up to last close, stock down ~32% this year

 (Reporting by Arnav Mishra in Bengaluru)

 ((Arnav.Mishra@thomsonreuters.com;))