BUZZ-Global-e rises on upbeat 2024 revenue forecast

Reuters

2024-11-21

BUZZ-Global-e rises on upbeat 2024 revenue forecast

** E-commerce platform Global-e Online's GLBE.O shares rise 10.2% to $47.1

** GLBE expects 2024 revenue between $732.9 mln and $744.9 mln, above estimate of $730.7 mln - LSEG

** New bookings for 2024 are at an all-time high - CEO Amir Schlachet

** Posts Q3 revenue of $176 million, above analysts' estimate of $169.2 mln

** Posts Q3 loss of 13 cents per share vs analysts' estimate of loss of 15 cents per share

** Including session's gains, stock had risen 18.9% YTD

(Reporting by Nithyashree R B)

((NithyashreeRB@thomsonreuters.com;))

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