11/12/2020

speaker
Operator
Conference Operator

Good day and welcome to the Global Third 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. Please note this event is being recorded. I would now like to turn the conference over to Paula Conde, Investor Relations Officer. Please go ahead.

speaker
Paula Conde
Investor Relations Officer

Thank you, operator, and thanks, everyone, for joining us today on our call to review our third 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.globant.com. Our speakers today are Martin Migoya, co-founder and chief executive officer, Juan Ortega, chief financial officer, and Patricia Pomis, 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 risk 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 Glovan 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'd like now to turn the call over to Martin Migoya, our CEO.

speaker
Martin Migoya
Co-founder & Chief Executive Officer

Thanks, Paula, and hello, everyone. I'm happy to be with you again as we continue on our journey to reinvent this industry. In Q3, Globam brought in $207.2 million in revenue, delivering a 20.9% year-over-year growth. I'm happy to see how our Globers continue to demonstrate their amazing talent and resilience in the face of uncertainty. This year, for us, meant to push our vision to reinvent the industry even further. IDC predicts that there will be over 6.8 trillion of direct digital transformation investment between now and 2023. Despite the uncertainties, we have a unique opportunity and we will keep working to make companies agile and accelerated. Our positioning remains at the forefront of the market as a pure play in the digital and cognitive transformation space. Recognizing this, IDC Marketscape named Globan as a global leader in its worldwide customer experience improvement services 2020 vendor assessment. We're very honored because this shows our commitment to creating product and customer experiences that connect with millions of consumers in a different way. Many special thanks to our clients like DIRECTV, Lazam Airlines, Rockwell Automation, and Prisma, who shared their experience with IDC and made this recognition possible. Now, I'd like to turn the call over to Patricia Pomies, our Chief Delivery and People Officer, to share with you some of our new initiatives. Pato, please.

Disclaimer

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