🔴 Globant is trading 8.56% down today after below-consensus Q3 and reduced full-year revenue guidance

Globant is trading 8.56% down at $37.48 after August 13, 2026 earnings reported below-consensus Q3 revenue guidance and reduced full-year revenue guidance.

• Adjusted EPS was $1.40 versus $1.50 consensus, despite revenue slightly beating estimates.
• Q3 guidance: $607–$615 million; full-year: $2.428–$2.462 billion. Management cited project delays, travel-sector headwinds, and prolonged discretionary decision cycles.
• AI adoption remains strong, but investors prioritize weaker near-term growth and profitability; software stocks are rising, making the decline company-specific.