Globant S.A.

Good day and welcome to the Globe and Second Quarter 2020 Earnings Conference Call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your touch-tone phone. To withdraw your question, please press star then two. Please note this event is being recorded. I would now like to turn the conference over to Amit Singh, Head of Finance and Investor Relations for the U.S. Please go ahead.

Thank you, operator. And thanks, everyone, for joining us today on our call to review our second quarter 2020 financial results. By now, you should have received a copy of the earnings release. If you have not, a copy is available on our website, investors.globin.com. Our speakers today are Martin Miguel, co-founder and chief executive officer, Juan Urtiage, chief financial officer, and Patricia Pomies, chief delivery and people officer. Before we begin, I would like to remind you that some of the comments on our call today may be deemed forward-looking statements. This includes our business and financial outlook and the answers to some of your questions. Such statements are subject to the risks and uncertainties as described in the company's earnings release and other filings with the SEC. Please note that we follow IFRS accounting rules in our financial statements. During our call today, we will report non-IFRS or adjusted measures, which is how we track performance internally and the easiest way to compare Globin to our peers in the industry. You will find a reconciliation of IFRS and non-IFRS measures at the end of the press release we published on our Investor Relations website, announcing this quarter's results. I would now like to turn the call over to Martin Megoea, our CEO.

Thanks, Amit, and hi, everyone. It is great to be with you again. I hope you all continue to be safe. This year has accelerated the need for digital transformation across all industries and regions, and the need will continue to grow. As Markets and Markets reports, the industry for digital transformation is expected to double from the current values to more than a trillion dollars a year by 2025. Here at Globan, I am excited to say that this has been another successful quarter for us. As we champion the drive for digital and cognitive transformations, In quarter two, we brought in $182.7 million in revenue, delivering 16% year-over-year growth. These figures are encouraging even that the first half of the year brought an unprecedented global event that got living room. However, our team took an inventive approach of proposing flexible and adaptive solutions for our current and potential clients. This way we were able to weather this storm. Our profitability was also healthy with an adjusted net income margin of 10.9%. We know that much uncertainty remains on the road ahead for everyone and But we also know that we face a unique opportunity. COVID-19 tested us in new ways. And from day one, I told our Glovers that we needed to be closer to our clients than ever. We're determined to emerge from this situation much stronger than before. Global companies are entering a new phase of hyper-agility that demands swift, efficient, and enjoyable collaboration between teams regardless of where they are. They need smart and seamless connections with their customers and a partner that understands how to guide them to become an agile organization of the future. At the same time, companies must also be mindful and sensitive to what is happening on our society. Diversity, inclusion, and environmental care are key. These concepts should not only be company policy, but should be shared with all our employees and stakeholders. To go over how Globan is approaching this, I would like to invite Patricia Promies, our Chief Delivery and People Officer, to give you all a perspective on how we are looking out for our Globers and our communities. Pato, please.