Globant SA reported second-quarter earnings of 87 cents per share. Earnings, adjusted for stock option expense and costs related to mergers and acquisitions, came in at $1.22 per share, topping the $1.21 per share expected by seven analysts polled by Zacks Investment Research.
The information technology company’s revenue in the quarter was $429.3 million, which exceeded expectations of $427 million (according to Zacks survey).
For the quarter ending in October, Globant is expecting its per-share earnings to be $1.24, and revenue of $456 million for the fiscal third quarter. For the full-year, the company projects earnings to be $5.03 per share, and revenue $1.78 billion.