Globant shares are trading higher after the company reported better-than-expected Q1 financial results, issued Q2 revenue guidance above estimates and raised FY23 adjusted EPS and revenue guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Globant reported better-than-expected Q1 financial results, issued Q2 revenue guidance above estimates, and raised FY23 adjusted EPS and revenue guidance above estimates.
May 19, 2023 | 2:36 pm
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Globant's stock is trading higher after reporting better-than-expected Q1 results and raising Q2 and FY23 guidance.
Globant reported better-than-expected Q1 financial results, which is a positive sign for investors. Additionally, the company issued Q2 revenue guidance above estimates and raised FY23 adjusted EPS and revenue guidance above estimates, indicating strong future performance. This news is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100