Union Pacific Unveils Commemorative Lincoln Locomotive No. 1616 with First Trip Planned in May
'Union Pacific exists because President Abraham Lincoln wasn't afraid to ask, 'What's Possible?'' said Union Pacific CEO Jim Vena.
Share
Abraham Lincoln signed the Pacific Railway Act in 1862, creating Union Pacific and unleashing a new era of economic prosperity with the construction of the transcontinental railroad network.
'Union Pacific exists because President Abraham Lincoln wasn't afraid to ask, 'What's Possible?'' said Union Pacific CEO Jim Vena. 'Our employees move the critical goods Americans use each day. We are proud of our heritage and look forward to sharing this special locomotive with the communities and people along the 23 states where we operate.'
Railroads are at the heart of the U.S. economy and touch nearly every industry including vehicles, chemicals, energy, agriculture, metals, minerals, forest products, consumer goods and more. Union Pacific's more than 30,000 employees deliver essential items from lumber and drywall to build homes to corn and wheat to make bread and cereal.
No. 1616's paint scheme has the unique colors of Lincoln's era and serves as a nod to locomotive No. 119, one of the two locomotives present at Promontory Summit, Utah, marking the completion of the first transcontinental railroad in 1869, officially uniting the eastern and western parts of the nation. It was painted at Union Pacific's Downing B. Jenks Locomotive Shop in North Little Rock by Union Pacific's dedicated employees.
The Lincoln locomotive will serve as a traveling ambassador. Its first public stop will be May 10 at the Oregon Rail Heritage Center in Portland, Oregon, in celebration of National Train Day. As additional stops are finalized, details will be shared on UP.com and social media.
ABOUT UNION PACIFIC
Union Pacific (NYSE: UNP) delivers the goods families and businesses use every day with safe, reliable and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. More information about Union Pacific is available at www.up.com.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
20 minutes ago
- Yahoo
Winnebago Industries Board of Directors Approves Quarterly Cash Dividend Increase
Winnebago Industries has paid a quarterly dividend for 45 consecutive quarters and increased the dividend in each of the past 7 years EDEN PRAIRIE, Minn., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE:WGO), a leading outdoor lifestyle product manufacturer, today announced that the company's Board of Directors approved a quarterly cash dividend of $0.35 per share payable on September 24, 2025, to common stockholders of record at the close of business on September 10, 2025. Today's dividend declaration represents a 3 percent increase, or $0.01 per share, from the previous quarter. 'As part of our disciplined long-term capital allocation approach, Winnebago Industries' track record of 11-plus years of uninterrupted quarterly dividend payments reflects our commitment to creating value for shareholders,' said President and CEO Michael Happe. 'Our strategy remains firmly focused on establishing sustainable long-term success through relentless excellence, purposeful innovation and exceptional customer experiences. By consistently returning cash to our shareholders while driving profitable growth over time, we are reaffirming our confidence in our future.' About Winnebago Industries Winnebago Industries, Inc. is a leading manufacturer of premium outdoor recreation products committed to elevating every moment outdoors. With a focus on purposeful innovation and exceptional experiences for its customers, the company boasts a diverse and expansive portfolio of high-quality RV and marine recreation products under the Grand Design RV, Newmar, Winnebago, Baretta and Chris-Craft brands, as well as advanced lithium power solutions under the Lithionics brand. Winnebago Industries operates across multiple facilities in Indiana, Iowa, Minnesota and Florida, and is traded on the New York Stock Exchange under the symbol WGO. For more information, visit Contacts Investors: Ray Posadas ir@ Media: Katlyn Beniek media@
Yahoo
20 minutes ago
- Yahoo
AM Best Revises Outlooks to Positive for SPP Institución de Seguros, S.A. de C.V.
MEXICO CITY, August 14, 2025--(BUSINESS WIRE)--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ (Good), the Long-Term Issuer Credit Rating of "bbb-" (Good) and the Mexico National Scale Rating of " (Superior) of SPP Institución de Seguros, S.A. de C.V. (SPP Seguros) (Mexico City, Mexico). The Credit Ratings (ratings) reflect SPP Seguros' balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. The rating outlook revisions reflect AM Best's expectation that SPP Seguros will continue to expand its capital base while improving its balance sheet strength metrics, supported by profitable operating results, and with planned risk management as an essential part of that strategy. The ratings also reflect the company's strongest level of risk-adjusted capitalization, as measured by Best's Capital Adequacy Ratio (BCAR), evidence of capital support from the main shareholder and prudent investment practices. Limiting SPP Seguros' ratings is the inherent risk of a new company implementing its business plan, the expansion risk arising from its new property/casualty (P/C) segments, and the volatility of the prospective underwriting portfolio. SPP Seguros is a Mexico-based company that began operations in 2019. The main shareholder is Juan Carlos Merlo, who has an ownership stake of 51%; the remaining shares are held by Global Insurance Group Holding Company, Inc., a San Antonio, TX-domiciled entity that owns several insurance-related businesses. SPP Seguros is focused on guaranteeing quality in construction and providing protection against unforeseen events and accidents. As of December 2024, the company's business portfolio was composed almost entirely of P/C business (99.9%) with 0.1% in personal accident coverage. Within Mexico's market, SPP Seguros has a market share of less than 1%. As of 2025, the company is seeking authorization to underwrite the business lines of civil liability and professional risks, marine and transport, fire, agricultural, animal and catastrophe risks, and auto. SPP Seguros intends to expand its range of offerings to the market and cover additional insurance needs. SPP Seguros' risk-adjusted capitalization is at the strongest level, as measured by BCAR, with underwriting risk standing as the main component for required capital. Support from SPP Seguros' main shareholder has been reflected in capital injections to back up its growth and provide financial flexibility. Overall, the company's balance sheet is strong, but is subject to volatility derived from its net business portfolio distribution and growth. As of year-end 2024, SPP Seguros' gross written premium stood at MXN 97.1 million, and it had a combined ratio of 61.5%. The positive bottom-line results also continued into May 2025. SPP Seguros' investment income has been stable, and its investment profile is expected to remain the same in the coming years, supporting its income generation. Factors that could lead to positive rating actions include continued growth of the company's capital base in the medium term, supportive of the current level of risk-adjusted capitalization, as measured by BCAR, and successful consolidation of the company's business strategy in targeted locations. Negative rating actions could occur if premium growth or adverse development of the underwriting portfolio erodes the company's capital base and reduces risk-adjusted capitalization to a level that no longer supports the ratings. This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED. View source version on Contacts David Barroso Associate Financial Analyst +52 55 1102 2720, ext. 135 Alfonso Novelo Senior Director, Analytics +52 55 1102 2720, ext. 107 Christopher Sharkey Associate Director, Public Relations +1 908 882 2310 Al Slavin Senior Public Relations Specialist +1 908 882 2318 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20 minutes ago
- Yahoo
Globant Reports 2025 Second Quarter Financial Results
LUXEMBOURG, Aug. 14, 2025 /PRNewswire/ -- Globant (NYSE: GLOB) today announced results for the three months ended June 30, 2025. "This quarter, we continued making the strategic investments and bold moves needed to fully align with our new business model. As GenAI adoption accelerates across industries and the AI ecosystem grows in complexity, our market opportunity expands even further. Our pipeline has reached an all-time high of $3.7 billion—up 25% year-over-year—reflecting strong demand for our differentiated offering. At the center of this growth are our AI Pods, subscription model, AI Studios, and Globant Enterprise AI platform, which together define the "golden path" for enterprise-scale GenAI adoption. With our subscription model and AI Pods, we are reinventing the professional services industry—positioning Globant as a full-stack AI company that designs, builds, and integrates technology, platforms, and industry-specific expertise into scalable, outcome-driven solutions", expressed Martín Migoya, Globant CEO and co-founder. "Our second-quarter results underscore the resilience and operational discipline of our business. We delivered revenues of $614.2 million, an adjusted operating margin of 15.0%, and an adjusted diluted EPS of $1.53, reflecting both consistent execution and our ability to adapt in a dynamic market. During the quarter, we complemented our growth trajectory with the execution of strategic investments and a Business Optimization Plan, which included a one-time charge of $47.6 million. This initiative is a vital step toward enhancing our near-term profitability while strategically allocating resources for our AI Pods, subscription model and Globant Enterprise AI, positioning us as a full stack AI-company," explained Juan Urthiague, Globant's CFO. Please see highlights below. Note that reconciliations between IFRS and Non-IFRS financial measures are disclosed at the end of this press release. Second Quarter 2025 Financial Highlights Revenues rose to $614.2 million, representing 4.5% year-over-year growth. IFRS Gross Profit Margin was 35.4% compared to 35.7% in the second quarter of 2024. Non-IFRS Adjusted Gross Profit Margin was 38.1% compared to 38.1% in the second quarter of 2024. IFRS Profit from Operations Margin was 1.0% compared to 9.2% in the second quarter of 2024. Non-IFRS Adjusted Profit from Operations Margin was 15.0% compared to 15.1% in the second quarter of 2024. IFRS Diluted EPS was $(0.05) compared to $0.87 in the second quarter of 2024. Non-IFRS Adjusted Diluted EPS was $1.53 compared to $1.51 in the second quarter of 2024. Other Metrics as of and for the quarter ended June 30, 2025 Cash and cash equivalents and Short-term investments were $174.2 million as of June 30, 2025. Globant completed the second quarter of 2025 with 30,084 Globers, 28,097 of whom were technology, design and innovation professionals. The geographic revenue breakdown for the second quarter of 2025 was as follows: 54.1% from North America (top country: US), 19.7% from Latin America (top country: Argentina), 19.6% from Europe (top country: Spain) and 6.6% from New Markets[1] (top country: Saudi Arabia). Globant's top customer, top five customers and top ten customers for the second quarter of 2025 represented 8.6%, 20.3% and 29.3% of revenues, respectively. During the twelve months ended June 30, 2025, Globant served a total of 981 customers (with revenues over $100,000 in the last twelve months) and continued to increase its wallet share, with 339 accounts generating more than $1 million of annual revenues, compared to 329 for the same period one year ago. In terms of currencies, 64.1% of Globant's revenues for the second quarter of 2025 were denominated in US dollars. 2025 Third Quarter and Full Year Outlook Based on current market conditions, Globant is providing the following estimates for the third quarter and the full year of 2025: Third quarter 2025 Revenues are estimated to be at least $615.0 million, or 0.1% year-over-year growth. This expected growth includes a positive FX impact of 50 basis points. Third quarter 2025 Non-IFRS Adjusted Profit from Operations Margin is estimated to be at least 15.0%. Third quarter 2025 Non-IFRS Adjusted Diluted EPS is estimated to be at least $1.53 (assuming an average of 45.6 million diluted shares outstanding during the third quarter). Fiscal year 2025 Revenues are estimated to be at least $2,445.0 million, implying at least 1.2% year-over-year revenue growth. This expected growth includes a positive FX impact of 25 basis points. Fiscal year 2025 Non-IFRS Adjusted Profit from Operations Margin is estimated to be at least 15.0%. Fiscal year 2025 Non-IFRS Adjusted Diluted EPS is estimated to be at least $6.12 (assuming an average of 45.5 million diluted shares outstanding during 2025). Shareholder Letter, Conference Call and WebcastA shareholder letter will be available in the Investor Relations section of Globant's website. Martin Migoya, Globant's Chief Executive Officer & co-founder, Juan Urthiague, Globant's Chief Financial Officer, and Diego Tártara, Globant's Chief Technology Officer, will discuss the second quarter 2025 results in a video conference call today beginning at 4:30 pm ET. This call will be followed by a live Q&A session. Video conference call access information is: Webcast About Globant (NYSE:GLOB) At Globant, we create the digitally-native products that people love. We bridge the gap between businesses and consumers through technology and creativity, leveraging our expertise in AI. We dare to digitally transform organizations and strive to delight their have more than 30,000 employees and we are present in more than 30 countries across 5 continents working for companies like Google, Electronic Arts and Santander, among were named a Worldwide Leader in CX Improvement by IDC MarketScape report. We were also featured as a business case study at Harvard, MIT and Stanford. We are a member of the Cybersecurity Tech more information, please visit Non-IFRS Financial Measures While the financial figures included in this press release have been computed in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board ("IASB"), this announcement does not contain sufficient information to constitute an interim financial report as defined in International Accounting Standards 34, "Interim Financial Reporting" or a financial statement as defined by International Accounting Standards 1 "Presentation of Financial Statements". The financial information in this press release has not been audited. Globant provides non-IFRS financial measures in addition to reported IFRS results prepared in accordance with IFRS Accounting Standards. Management believes these measures help illustrate underlying trends in the company's business and uses the non-IFRS financial measures to establish budgets and operational goals, communicated internally and externally, for managing the company's business and evaluating its performance. The company anticipates that it will continue to report both IFRS and certain non-IFRS financial measures in its financial results, including non-IFRS measures that exclude share-based compensation expense, depreciation and amortization, acquisition-related charges, business optimization costs, and the related effect on income taxes of the pre-tax adjustments. Because the company's non-IFRS financial measures are not calculated according to IFRS, these measures are not comparable to IFRS and may not necessarily be comparable to similarly described non-IFRS measures reported by other companies within the company's industry. Consequently, Globant's non-IFRS financial measures should not be evaluated in isolation or supplant comparable IFRS measures, but, rather, should be considered together with its condensed interim consolidated statements of financial position as of June 30, 2025 and December 31, 2024 and its condensed interim consolidated statements of comprehensive income for the three and six months ended June 30, 2025 and 2024, prepared in accordance with International Accounting Standard ("IAS") 34, "Interim Financial Reporting". Globant is not providing a quantitative reconciliation of forward-looking Non-IFRS Adjusted Profit from Operations Margin or Non-IFRS Adjusted Diluted EPS to the most directly comparable IFRS measure because it is unable to predict with reasonable certainty the ultimate outcome of certain significant items without unreasonable effort. These items include, but are not limited to, share-based compensation expense, acquisition-related charges, and the tax effect of non-IFRS adjustments. These items are uncertain, depend on various factors, and could have a material impact on IFRS reported results for the guidance period. Forward Looking Statements In addition to historical information, this release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "should," "plan," "expect," "predict," "potential," or the negative of these terms or other similar expressions. These statements include, but are not limited to, statements regarding our future financial and operating performance, including our outlook and guidance, our pipeline, and our strategies, priorities and business plans. Our expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Factors that could impact our actual results include: our ability to maintain current resource utilization rates and productivity levels; our ability to manage attrition and attract and retain highly-skilled IT professionals; our ability to accurately price our client contracts; our ability to achieve our anticipated growth; our ability to effectively manage our rapid growth; our ability to retain our senior management team and other key employees; our ability to continue to innovate and remain at the forefront of emerging technologies and related market trends; our ability to retain our business relationships and client contracts; our ability to manage the impact of global adverse economic conditions; our ability to manage uncertainty concerning the instability in the current economic, political and social environment in Latin America; and other factors discussed under the heading "Risk Factors" in our most recent Form 20-F filed with the U.S. Securities and Exchange Commission and any other risk factors we include in subsequent reports on Form 6-K. Because of these uncertainties, you should not make any investment decisions based on our estimates and forward-looking statements. Except as required by law, we undertake no obligation to publicly update any forward-looking statements for any reason after the date of this press release whether as a result of new information, future events or otherwise. Globant Interim Consolidated Statements of Comprehensive Income(In thousands of U.S. dollars, except per share amounts, unaudited)Six months endedThree Months Ended June 30, 2025June 30, 2024June 30, 2025June 30, 2024 Revenues 1,225,2651,158,539614,180587,461 Cost of revenues (794,394)(746,769)(396,539)(377,912) Gross profit 430,871411,770217,641209,549 Selling, general and administrative expenses (321,238)(306,699)(159,543)(154,585) Net impairment losses on financial assets (6,339)(5,327)(4,660)(3,162) Business Optimization Costs (47,580)—(47,580)— Other operating income and expenses, —1,961—1,961 Profit from operations 55,714101,7055,85853,763 Finance income 1,9232,5279781,402 Finance expense (20,599)(13,502)(10,972)(6,233) Other financial results, net 8615,606(239)532 Financial results, net (17,815)(5,369)(10,233)(4,299) Share of results of investment in associates 6562370 Other income and expenses, net (3,385)10,606(114)595 Profit (Loss) before income tax 34,520106,998(4,466)50,129 Income tax (7,749)(23,044)742(10,104) Net income (loss) for the period 26,77183,954(3,724)40,025 Other comprehensive income, net of income tax effectsItems that may be reclassified subsequently to profit and loss:- Exchange differences on translating foreign operations 80,377(43,013)51,288(24,405) - Net change in fair value on financial assets measured at FVOCI (5,798)1,019(5,798)894 - Gains and losses on cash flow hedges 13,158(13,133)3,000(4,378) Total comprehensive income for the period 114,50828,82744,76612,136 Net income attributable to:Owners of the Company 28,25283,718(2,383)38,658 Non-controlling interest (1,481)236(1,341)1,367 Net income (loss) for the period 26,77183,954(3,724)40,025 Total comprehensive income for the period attributable to:Owners of the Company 109,57430,59841,85011,589 Non-controlling interest 4,934(1,771)2,916547 Total comprehensive income for the period 114,50828,82744,76612,136 Earnings per shareBasic 0.641.94(0.05)0.89 Diluted 0.621.89(0.05)0.87 Weighted average of outstanding shares (in thousands)Basic 44,17743,17244,29843,244 Diluted 45,42444,22044,29844,292 Globant Interim Consolidated Statements of Financial Position as of June 30, 2025 and December 31, 2024(In thousands of U.S. dollars, unaudited) June 30, 2025December 31, 2024 ASSETS Current assets Cash and cash equivalents 167,431142,093 Investments6,81213,992 Trade receivables636,387605,002 Other assets32,09920,420 Other receivables97,58653,939 Other financial assets9,8893,100 Total current assets950,204838,546Non-current assets Investments 2,3982,212 Other assets 5,9894,750 Other receivables 48,86240,784 Deferred tax assets84,53480,811 Investment in associates1,6531,648 Other financial assets 41,24141,403 Property and equipment147,939154,755 Intangible assets358,803377,365 Right-of-use assets104,947122,884 Goodwill1,650,6801,517,252 Total non-current assets2,447,0462,343,864 TOTAL ASSETS3,397,2503,182,410LIABILITIES Current liabilities Trade payables113,271114,743 Payroll and social security taxes payable217,029239,440 Borrowings20,1741,601 Other financial liabilities146,679153,803 Lease liabilities25,96829,736 Tax liabilities22,79736,916 Income tax payable8,8676,520 Other liabilities99231 Total current liabilities554,884582,990Non-current liabilities Trade payables 4,9572,006 Borrowings 409,115290,935 Other financial liabilities 102,036125,651 Lease liabilities 81,39787,887 Deferred tax liabilities29,55529,611 Income tax payable 1,2166,625 Payroll and social security taxes payable 1,7125,187 Provisions for contingencies23,09618,169 Total non-current liabilities653,084566,071 TOTAL LIABILITIES1,207,9681,149,061Capital and reserves Issued capital53,40852,837 Additional paid-in capital1,239,0701,193,029 Other reserves(63,434)(144,756) Retained earnings 891,073862,821 Total equity attributable to owners of the Company2,120,1171,963,931 Non-controlling interests69,16569,418 Total equity2,189,2822,033,349 TOTAL EQUITY AND LIABILITIES3,397,2503,182,410 Globant Cash Flow Data(In thousands of U.S. dollars, unaudited) Three Months Ended June 30, 2025June 30, 2024 Net Income for the period(3,724)40,025 Non-cash adjustments, taxes and others57,88341,788 Changes in working capital(32,281)(71,646) Cash flows from operating activities21,87810,167 Capital expenditures(24,735)(38,155) Cash flows from investing activities(68,763)(60,656) Cash flows from financing activities103,757(17,514) Net increase/decrease in cash & cash equivalents56,872(68,003) Globant Non-IFRS Financial Information(In thousands of U.S. dollars, unaudited)Six months ended Three Months EndedJune 30, 2025June 30, 2024 June 30, 2025June 30, 2024Reconciliation of adjusted gross profit Gross profit 430,871411,770 217,641209,549 Depreciation and amortization expense 22,24115,958 11,0858,525 Share-based compensation expense - Equity settled 13,20312,901 5,5135,759 Adjusted gross profit 466,315440,629 234,239223,833 Adjusted gross profit margin 38.1 %38.0 % 38.1 %38.1 %Reconciliation of selling, general and administrative expenses Selling, general and administrative expenses (321,238)(306,699) (159,543)(154,585) Depreciation and amortization expense 59,59450,507 29,93925,442 Share-based compensation expense - Equity settled 27,66026,714 14,27514,399 Acquisition-related charges (a) 12,20615,584 5,6395,986 Adjusted selling, general and administrative expenses (221,778)(213,894) (109,690)(108,758) Adjusted selling, general and administrative expenses as % of revenues (18.1) %(18.5) % (17.9) %(18.5) %Reconciliation of adjusted profit from operations Profit from operations 55,714101,705 5,85853,763 Share-based compensation expense - Equity settled 40,86339,615 19,78820,158 Acquisition-related charges (a) 38,47732,880 18,87214,736 Business optimization costs (b) 47,580— 47,580— Adjusted profit from operations 182,634174,200 92,09888,657 Adjusted profit from operations margin 14.9 %15.0 % 15.0 %15.1 %Reconciliation of net income for the period Net income for the period 28,25283,718 (2,383)38,658 Share-based compensation expense - Equity settled 40,37839,425 19,35920,077 Acquisition-related charges (a) 54,26626,380 26,30916,440 Business optimization costs (b) 46,453— 46,453— Tax effect of non-IFRS adjustments (31,811)(15,117) (20,035)(8,313) Adjusted net income 137,538134,406 69,70366,862 Adjusted net income margin 11.2 %11.6 % 11.3 %11.4 %Calculation of adjusted diluted EPS Adjusted net income 137,538134,406 69,70366,862 Diluted shares 45,42444,220 45,54544,292 Adjusted diluted EPS 3.033.04 1.531.51 (a) Acquisition-related charges include, when applicable, amortization of purchased intangible assets included in depreciation and amortization expense line on our consolidated statements of comprehensive income, interest charges on acquisition-related indebtedness, external deal costs, acquisition-related retention bonuses, integration costs, changes in the fair value of contingent consideration liabilities, and other acquisition-related costs. We cannot provide acquisition-related charges on a forward-looking basis without unreasonable effort as such charges may fluctuate based on the timing, size, and complexity of future acquisitions as well as other uncertainty inherent in mergers and acquisitions. (b) One-time charges for the three and six months ended June 30, 2025 related to the Company's Business Optimization Program initiated in April 2025. These charges, primarily related to workforce resizing and office reductions, have been excluded from non-IFRS results as these are one-time and unusual in nature. Globant of Supplemental Information (unaudited) Metrics Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Total Employees 29,112 29,998 31,280 31,102 30,084 IT Professionals 27,133 27,927 29,198 29,022 28,097 North America Revenues % 56.3 55.7 55.2 55.5 54.1 Latin America Revenues % 23.0 21.8 20.4 19.6 19.7 Europe Revenues % 16.9 17.6 17.7 18.2 19.6 New Markets Revenues % 3.8 4.9 6.7 6.7 6.6 USD Revenues % 67.1 66.6 64.8 67.2 64.1 Other Currencies Revenues % 32.9 33.4 35.2 32.8 35.9 Top Customer % 8.3 9.1 9.1 8.8 8.6 Top 5 Customers % 21.0 21.0 19.8 20.0 20.3 Top 10 Customers % 30.3 30.1 29.3 29.1 29.3 Customers Served (Last Twelve Months)* 958 969 1,012 1,004 981 Customers with >$1M in Revenues (Last Twelve Months) 329 331 346 341 339 (*) Represents customers with more than $100,000 in revenues in the last twelve months. [1] Represents Asia, Oceania and the Middle East. Investor Relations Contact:Arturo Langa, Globantinvestors@ (877) 215-5230 Media Contact:Gregorio Lascano, Globantpr@ (877) 215-5230 View original content to download multimedia: SOURCE Globant
