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Exhibit 99.1 November 18 , 2021 Globant Reports 2021 Third Quarter Financial Results Strong Performance On All Fronts Third quarter revenues of $ 341.8 million , up 65.0 % year - over - year IFRS Diluted EPS of $ 0.60 for the third quarter Non - IFRS Diluted EPS of $ 0.98 for the third quarter Luxembourg November 18 , 2021 - Globant ( NYSE : GLOB ) , a digitally native technology services company , today announced results for the three and nine months ended September 30 , 2021 . Please see highlights below , including certain Non - IFRS measures . Note that reconciliations between Non - IFRS financial measures and IFRS operating results are disclosed at the end of this press release . Third Quarter 2021 Financial Highlights Revenues rose to $ 341.8 million , representing 65.0 % year - over - year growth . Non - IFRS Adjusted Gross Profit Margin was 39.8 % compared to 39.0 % in the third quarter of 2020 . • IFRS Gross Profit Margin was 38.5 % compared to 37.1 % in the third quarter of 2020 . • • IFRS Profit from Operations Margin was 11.6 % compared to 11.2 % in the third quarter of 2020 . • • Non - IFRS Adjusted Profit from Operations Margin was 16.5 % compared to 15.3 % in the third quarter of 2020 . IFRS Diluted EPS was $ 0.60 compared to $ 0.30 in the third quarter of 2020 . Non - IFRS Adjusted Diluted EPS was $ 0.98 compared to $ 0.56 in the third quarter of 2020 . Nine months ended September 30 , 2021 Financial Highlights • Revenues rose to $ 917.3 million , representing 57.7 % year - over - year growth . • IFRS Gross Profit Margin was 38.2 % compared to 37.0 % in the first nine months of 2020 . • • IFRS Profit from Operations Margin was 11.0 % compared to 9.7 % in the first nine months of 2020 . • Non - IFRS Adjusted Gross Profit Margin was 39.6 % compared to 38.9 % in the first nine months of 2020 . Non - IFRS Adjusted Profit from Operations Margin was 16.4 % compared to 14.8 % in the first nine months of 2020 . IFRS Diluted EPS was $ 1.60 compared to $ 0.90 in the first nine months of 2020 . Non - IFRS Adjusted Diluted EPS was $ 2.69 compared to $ 1.60 in the first nine months of 2020 . Other Metrics as of and for the quarter ended September 30 , 2021 • • • Cash and cash equivalents and Short - term investments were $ 482.6 million as of September 30 , 2021 , an increase of $ 184.4 million from $ 298.2 million as of December 31 , 2020. As of September 30 , 2021 , our credit facility was fully undrawn . Globant completed the third quarter of 2021 with 21,849 Globers , 20,573 of whom were technology , design and innovation professionals . The geographic revenue breakdown for the third quarter of 2021 was as follows : 65.2 % from North America ( top country : US ) , 22.0 % from Latin America and others ( top country : Argentina ) , 11.1 % from Europe ( top country : Spain ) and 1.7 % from Asia ( top country : India ) . In terms of currencies , 74.8 % of Globant's revenues for the third quarter of 2021 were denominated in US dollars .