Exhibit 99.1

November 5th, 2015

Globant Reports 2015 Third Quarter Results

Solid Revenue Growth, Robust EPS

San Francisco, CA / November 5th, 2015 - Globant (NYSE: GLOB), a digitally-native technology services company focused on creating digital journeys , today announced results for the three and nine months ended September 30, 2015.

Third Quarter 2015 Highlights

● Revenue for the third quarter amounted to $67.1 million, representing 29.2% year-over-year growth. Revenue for the first nine months of the year was $182.2 million, representing 26.1% year-over-year growth

● Non-IFRS Adjusted Gross Profit for the third quarter was $26.2 million (39.0% Non-IFRS Adjusted Gross Profit Margin), an increase of 30bps compared to the second quarter of 2015 and a decrease of 200bps compared to the third quarter of 2014.

● Non-IFRS Adjusted Net Income for the third quarter was $9.1 million (13.6% Non-IFRS Adjusted Net Income Margin), an increase of $0.8 million, or 9.4%, compared to a profit of $8.4 million for the third quarter of 2014.

● Non-IFRS Adjusted Diluted EPS for the third quarter was $0.26 per share (based on 35.1 million average diluted shares for the quarter), an increase of $0.01 compared to Non-IFRS Adjusted Diluted Profit per Share of $0.25 for the third quarter of 2014.

Reconciliations between Non-IFRS / adjusted financial measures and IFRS operating results are included at the end of this press release.

“I am thrilled to announce another solid quarter in terms of business performance and financial results, with robust growth in both existing and new accounts. Nowadays, users are demanding businesses to offer personalized experiences that generate value for them. As a result, companies are compelled to create what we call Digital Journeys, a sequence of smart, relevant and context aware interactions, integrated with the core business to provide a seamless journey across the different touch points with users. Globant has mastered the ability of building these digital journeys through our Studios, our Agile Pods Methodology and the brand new Services over Platforms offering.” explained Martín Migoya, Globant’s CEO and co-founder. “Under our Services over Platforms umbrella, we offer a wide variety of products that can help build Digital Journeys in an agile and innovative way. As opposed to the traditional Software as a Service (“SaaS”) approach in which the products are static, we know that each company has specific characteristic, so on top of our products we offer services to adapt, expand and make them fit their particular goals. A clear example of a Services over Platforms product is our Digital Journey Mobile Platform, which combines social media, gaming strategies, mobile technologies and Big Data to augment the end users' experiences before, during & after a touch point with the consumer.”

Martín Migoya added: “Market demand remains solid. Our revenue increased 29.2% during this quarter compared to the third quarter of 2014, with revenues from our top customer almost doubling compared to a year ago. For the first time in Globant’s history, we have one customer accounting for more than $20 million in annual revenues, a good reflection of our ability to cultivate our key accounts”

“Q3 has been another strong quarter for us. Once more, we delivered robust top line growth and solid EPS, as we have done consistently since our IPO last year. Business momentum combined with a good level of net additions position us on the right path to achieve our full year targets.” explained Alejandro Scannapieco, Globant’s CFO.

Globant completed the quarter with 4,724 Globers, 4,327 of whom were IT professionals. The geographic revenue breakdown for the third quarter was as follows: 84.1% from North America (top country: U.S.), 11.5% from Latin America and others (top country: Chile) and 4.4% from Europe (top country: U.K.). 93.3% of Globant’s revenue for the third quarter was denominated in U.S. dollars and the remaining 6.7% was in other currencies.

During the 12 months preceding September 30, 2015, Globant served 343 customers; 47 of which accounted for more than $1 million of Globant’s revenues. Globant’s top customer, top 5 customers and top 10 customers represented 13.4%, 33.2% and 45.9% of the third quarter revenues, respectively.

Cash and investments as of September 30, 2015 amounted to $73.6 million from $62.2 million as of December 31, 2014 while borrowings decreased to $0.8 million compared to $1.3 million as of December 31, 2014. Current assets amounted to $139.0 million, accounting for 66.6% of total assets. As of September 30, 2015 there were $34.1 million common shares issued and outstanding.

Fourth Quarter and 2015 Full Year Outlook

Based on current market conditions, Globant is providing the following estimates for the fourth quarter and for the full year 2015:

● Fourth quarter revenue is estimated to be between $68 - $70 million.

● Fourth quarter Non-IFRS diluted EPS is estimated to be in the range of $0.21 - $0.25 (assuming 35.3 million average diluted shares outstanding for the quarter).

● Fiscal year 2015 revenue is estimated to be between $250 - $252 million

● Fiscal year 2015 Non-IFRS diluted EPS is estimated to be in the range of $0.93 - $0.97 (assuming 35.0 million average diluted shares outstanding for the full year).

Conference Call and Webcast

Martín Migoya and Alejandro Scannapieco will discuss the three-month results in a conference call today beginning at 4:30pm ET.

Conference call access information is:

US +1 (888) 346-2877

International +1 (412) 902-4257

Webcast http://investors.globant.com/

Additionally, a replay will be available via the same dial-in information and in our investor relations website after the call.

About Globant

Globant (NYSE: GLOB) is a digitally native technology services company. We dream and build digital journeys that matter to millions of users. We are the place where engineering, design, and innovation meet scale. Today, Globant has more than 4,500 professionals in 9 countries working for companies like Google, eBay Classifieds Group, JWT, EA and Coca-Cola, among others, has been recognized as one of the Top 10 Most Innovative Companies in South America by FastCompany, was included in the 2010 Cool Vendor in Business Process Services Report by Gartner, and has been featured in case studies at Harvard, MIT and Stanford. For more information visit www.globant.com.

Non-IFRS Financial Information

Globant provides non-IFRS financial measures to complement reported IFRS results. Management believes these measures help illustrate underlying trends in the company's business and uses the 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 results that exclude share-based compensation expense, amortization of purchased intangible assets, and provisions resulting from changes in valuation allowances. Because the company's reported 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 consolidated financial statements, which are prepared according to IFRS.

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, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements include information about possible or assumed future results of our business and financial condition, as well as the results of operations, liquidity, plans and objectives. In some cases, you can identify forward-looking statements by terminology such as “believe,” “may,” “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: the persistence and intensification of competition in the IT industry; the future growth of spending in IT services outsourcing generally, application outsourcing and custom application development and offshore development services; the level of growth of demand for our services from our clients; the level of increase in revenues from our new clients; the resource utilization rates and productivity levels, the level of attrition of our IT professionals; the pricing structures we use for our client contracts; general economic and business conditions in the locations in which we operate; the levels of our concentration of revenues by vertical, geography, by client and by type of contract in the future; the continuity of the tax incentives available for software companies with operations in Argentina; Argentina’s regulations on proceeds from the export of services; our expectation that we will be able to integrate and manage the companies we acquire and that our acquisitions will yield the benefits we envision; the demands we expect our rapid growth to place on our management and infrastructure; the sufficiency of our current cash, cash flow from operations, and lines of credit to meet our anticipated cash needs; the high proportion of our cost of services comprised of personnel salaries; and other factors discussed under the heading “Risk Factors” in the final prospectus for our initial public offering and other documents filed with the Securities and Exchange Commission.

These forward-looking statements involve various risks and uncertainties. Although the registrant believes that its expectations expressed in these forward-looking statements are reasonable, its expectations may turn out to be incorrect. The registrant’s actual results could be materially different from its expectations. In light of the risks and uncertainties described above, the estimates and forward-looking statements discussed might not occur, and the registrant’s future results and its performance may differ materially from those expressed in these forward-looking statements due to, inclusive, but not limited to, the factors mentioned above. Because of these uncertainties, you should not make any investment decision based on these 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 S.A.

Consolidated Statement of Profit or Loss and Other Comprehensive Income

(In thousands of U.S. dollars, except per share amounts, unaudited)

	Nine months ended						Three months ended
	September 30, 2015			September 30, 2014			September 30, 2015			September 30, 2014
Revenues		182,233			144,488			67,117			51,959
Cost of revenues		(115,481	)		(87,333	)		(42,474	)		(31,596	)
Gross profit		66,752			57,155			24,643			20,363
Selling, general and administrative expenses		(52,123	)		(41,436	)		(18,705	)		(15,103	)
Impairment of tax credits, net		1,820			(821	)		-			(40	)
Profit from operations		16,449			14,898			5,938			5,220
Gain on transactions with bonds		13,331			10,023			4,980			5,244
Finance income		10,308			8,077			3,808			2,992
Finance expense		(8,518	)		(9,725	)		(3,415	)		(3,263	)
Finance expense, net		1,790			(1,648	)		393			(271	)
Other income and expenses, net		(11	)		(50	)		(8	)		(23	)
Profit before income tax		31,559			23,223			11,303			10,170
Income tax		(8,251	)		(6,108	)		(3,073	)		(2,380	)
Net income for the period		23,308			17,115			8,230			7,790
Other comprehensive loss net of income tax
Items that may be reclassified subsequently to profit and loss:
- Exchange differences on translating foreign operations		(1,296	)		(172	)		(867	)		(376	)
Total comprehensive income for the period		22,012			16,943			7,363			7,414
Net income attributable to:
Owners of the Company		23,308			17,058			8,230			7,785
Non-controlling interest		-			57			-			5
Net income for the period		23,308			17,115			8,230			7,790
Total comprehensive income for the period attributable to:
Owners of the Company		22,012			16,886			7,363			7,409
Non-controlling interest		-			57			-			5
Total comprehensive income for the period		22,012			16,943			7,363			7,414
Earnings per share
Basic		0.69			0.57			0.24			0.24
Diluted		0.67			0.55			0.23			0.23
Weighted average of outstanding shares (in thousands)
Basic		33,887			30,099			34,080			32,294
Diluted		34,950			31,177			35,143			33,372

Globant S.A.

Consolidated Statement of Financial Position

(In thousands of U.S. dollars, unaudited)

	Sept 30, 2015			Dec 31, 2014
ASSETS
Current assets
Cash and cash equivalents		29,715			34,195
Restricted cash		107
Investments		43,761			27,984
Trade receivables		44,418			40,056
Other receivables		21,009			14,253
Total current assets		139,010			116,488
Non-current assets
Other receivables		2,375			916
Deferred tax assets		5,902			4,881
Other financial assets		1,800			-
Investment in associates		750			750
Property and equipment		22,503			19,213
Intangible assets		6,518			6,105
Goodwill		29,796			12,772
Total non-current assets		69,644			44,637
TOTAL ASSETS		208,654			161,125
LIABILITIES
Current liabilities
Trade payables		5,080			5,673
Payroll and social security taxes payable		26,157			20,967
Borrowings		368			513
Other financial liabilities		4,885			1,045
Tax liabilities		5,930			3,446
Other liabilities		96			173
Total current liabilities		42,516			31,817
Non-current liabilities
Borrowings		409			772
Other financial liabilities		8,516			263
Provisions for contingencies		979			794
Total non-current liabilities		9,904			1,829
TOTAL LIABILITIES		52,420			33,646
Capital and reserves
Issued and paid-in capital		40,967			40,324
Additional paid-in capital		56,376			50,276
Foreign currency translation reserve		(2,007	)		(711	)
Retained earnings		60,898			37,590
Total equity		156,234			127,479
TOTAL EQUITY AND LIABILITIES		208,654			161,125

Supplemental Non-IFRS Financial Information

(In thousands of U.S. dollars, unaudited)

	Nine months ended						Three months ended
	September 30, 2015			September 30, 2014			September 30, 2015			September 30, 2014
Reconciliation of adjusted gross profit
Gross Profit		66,752			57,155			24,643			20,363
Adjustments
D&A		3,347			2,651			1,073			949
Share Based Compensation		517			35			445			1
Adjusted gross profit		70,616			59,841			26,161			21,313
Adjusted gross profit margin		38.8	%		41.4	%		39.0	%		41.0	%
Reconciliation of selling, general and administrative expenses
Selling, general and administrative expenses		-52,123			-41,436			-18,705			-15,103
Adjustments
M&A Expenses		337
D&A		3,769			3,048			1,297			1,114
Share Based Compensation		1,146			582			471			569
Adjusted selling, general and administrative expenses		-46,871			-37,806			-16,937			-13,420
Adjusted selling, general and administrative expenses as % of revenues		-25.7	%		-26.2	%		-25.2	%		-25.8	%
Reconciliation of Adjusted Profit from Operations
Operating Profit		16,449			14,898			5,938			5,220
Adjustments
M&A Expenses		337
Impairment of tax credits		-1,820			821			-			40
Share Based Compensation		1,663			617			916			570
Adjusted Profit from Operations		16,629			16,336			6,854			5,830
Adjusted Operating Profit margin		9.1	%		11.3	%		10.2	%		11.2	%
Reconciliation of Net income (loss) for the period
Net income for the period		23,308			17,115			8,230			7,790
Adjustments
M&A Expenses		337
Share Based Compensation		1,663			617			916			570
Adjusted Net income		25,308			17,732			9,146			8,360
Adjusted Net income margin		13.9	%		12.3	%		13.6	%		16.1	%
Calculation of Adjusted Diluted EPS
Adjusted Net income		25,308			17,732			9,146			8,360
Diluted shares		34,950			31,177			35,143			33,372
Adjusted Diluted EPS		0.72			0.57			0.26			0.25

Globant S.A.

Schedule of Supplemental Information

Metric	Q1 2014		Q2 2014		Q3 2014		Q4 2014		Q1 2015		Q2 2015		Q3 2015
Total Employees		3,332		3,371		3,567		3,775		4,040		4,512		4,724
IT Professionals		3,000		3,050		3,217		3,424		3,694		4,121		4,327
North America Revenue %		79.9		81.1		82.3		83.1		84.1		85.2		84.1
Latin America and Others Revenue %		13.0		13.0		11.9		12.0		10.1		9.7		11.5
Europe Revenue %		7.1		6.0		5.8		4.9		5.8		5.1		4.4
USD Revenue %		88.9		91.8		93.5		94.6		95.0		94.6		93.3
GBP Revenue %		1.3		0.8		0.6		0.7		1.0		0.8		1.4
Other Currencies Revenue %		9.8		7.4		5.9		4.8		4.0		4.6		5.3
Top Customer %		7.1		10.1		8.8		8.8		10.2		12.3		13.4
Top 5 Customers %		25.4		29.0		29.2		28.9		30.8		32.8		33.2
Top 10 Customers %		39.8		44.8		46.2		44.8		47.8		47.7		45.9
LTM Customers Served		266		278		299		296		292		344		343
LTM Customers with >$1M in Revenue		42		42		45		46		43		43		47

Investor Relations Contact:

Juan Urthiague, Globant

investors@globant.com

(877) 215-5230

Media Contact:

Wanda Weigert, Globant

pr@globant.com

(877) 215-5230

Source: Globant