Globant rises on higher Q2 profit, revenue

GLOBANT

18/08/2023 17:20

(Updates)
    ** U.S. shares of software developer Globant  2G2.F 
 GLOB.N  up 10.5% at $180.11
    ** Co on Thursday posted Q2 adj. diluted EPS of $1.36 vs
$1.22 last year
    ** Revenue rose 15.9% YoY to $497.5 mln
    ** Fourteen brokerages rate the stock "buy" or higher, and 1
"hold"; their median PT is $217 - Refinitiv
    ** Including sessions move, shares up 7.1% YTD

 (Reporting by Pritam Biswas in Bengaluru)
 ((Pritam.Biswas@thomsonreuters.com))