Global-E Reports Fourth Quarter and Full Year 2023 Results
Global-E Online Ltd. - ordinary shares (GLBE)
Company Research
Source: GlobeNewswire
PETAH-TIKVA, Israel, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE) the global leader of Direct-To-Consumer cross border ecommerce enablement, today announced financial results for the fourth quarter of 2023 and full year 2023 as well as outlook for the first quarter and the full year 2024. “We are pleased with the record fourth quarter and full year results, delivering 45% annual growth in GMV, 39% growth in revenues, and 90% growth in Adjusted EBITDA, as well as crossing for the first time the milestone of $1B GMV in a single quarter. In addition, we continued to onboard many new clients across dozens of geographies and made major advances along all our strategic pillars,” said Amir Schlachet, CEO of Global-e. “Despite the volatility in consumer sentiment we witnessed in 2023 and the prevailing uncertainties in macro conditions entering 2024, we remain extremely optimistic regarding our long-term growth prospects and believe we are well positioned to contin
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News
- What Is Global-E Online Ltd.'s (NASDAQ:GLBE) Share Price Doing? [Yahoo! Finance]Yahoo! Finance
- Global-E Online Ltd. (NASDAQ: GLBE) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $48.00 price target on the stock.MarketBeat
- Global-e Online Ltd. (NASDAQ: GLBE) had its "overweight" rating re-affirmed by analysts at Wells Fargo & Company. They now have a $40.00 price target on the stock.MarketBeat
- Global-e Announces Filing of Form 20-F for the Fiscal Year Ended December 31, 2023GlobeNewswire
- Global-e Online: Cross-Border E-Commerce Growth To Sustain Demand [Seeking Alpha]Seeking Alpha
GLBE
Earnings
- 2/21/24 - In-Line
GLBE
Sec Filings
- 4/8/24 - Form 144
- 4/3/24 - Form 144
- 4/2/24 - Form 144
- GLBE's page on the SEC website