LUXEMBOURG (AP) — LUXEMBOURG (AP) — Globant SA (GLOB) on Thursday reported third-quarter earnings of $43.6 million.
The Luxembourg-based company said it had net income of 98 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.63 per share.
The results met Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was also for earnings of $1.63 per share.
The information technology services provider posted revenue of $614.7 million in the period, which beat Street forecasts. Six analysts surveyed by Zacks expected $614.3 million.
For the current quarter ending in December, Globant expects its per-share earnings to range from $1.71 to $1.75.
The company said it expects revenue in the range of $642 million to $648 million for the fiscal fourth quarter.
Globant expects full-year earnings in the range of $6.37 to $6.43 per share, with revenue expected to be $2.42 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GLOB at https://www.zacks.com/ap/GLOB
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