Globant S.A. shares fall 12.52% in premarket after lowering 2025 sales guidance and forecasting slow growth.

Globant S.A. plunged 12.52% in premarket trading after the company released its 2025 fiscal year sales guidance of $2.445 billion, below market expectations of $2.472 billion, and forecasted a mere 0.1% year-over-year revenue growth for the third quarter of 2025, indicating a significant slowdown in growth. Additionally, the company reported a negative free cash flow of $2.9 million for the second quarter of 2025 and announced plans to reduce its workforce by approximately 1,000 employees as part of a business optimization initiative.