Stock Track | Global-E Online Stock Soars 5.09% on Strong Q3 Results, Upbeat Outlook

Stock Track11-21

Global-E Online Ltd. (GLBE) shares surged 5.09% in the pre-market trading session on Thursday, outperforming the broader market. The stock's rally was fueled by the company's impressive third-quarter results and an optimistic outlook for the upcoming quarters.

In its earnings report, Global-E Online posted a 35% year-over-year increase in Gross Merchandise Volume (GMV) to $1.134 billion, surpassing expectations. The company's total revenue grew by 32% to $176 million, driven by strong performance in both service fee and fulfillment services segments.

The company's adjusted EBITDA also showed robust growth, rising 41% year-over-year to $31.1 million, reflecting improved operational efficiency and cost control measures. Despite reporting a net loss, Global-E Online demonstrated significant progress in narrowing its losses compared to the prior year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1169971660?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-21 23:20","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1169971660","market":"hk","top_or_hot":-1,"title":"Stock Track | Global-E Online Stock Soars 5.09% on Strong Q3 Results, Upbeat Outlook","media":"Stock Track","content":"<p>Global-E Online Ltd. (GLBE) shares surged 5.09% in the pre-market trading session on Thursday, outperforming the broader market. The stock's rally was fueled by the company's impressive third-quarter results and an optimistic outlook for the upcoming quarters.</p>\n\n<p>In its earnings report, Global-E Online posted a 35% year-over-year increase in Gross Merchandise Volume (GMV) to $1.134 billion, surpassing expectations. The company's total revenue grew by 32% to $176 million, driven by strong performance in both service fee and fulfillment services segments.</p>\n\n<p>The company's adjusted EBITDA also showed robust growth, rising 41% year-over-year to $31.1 million, reflecting improved operational efficiency and cost control measures. Despite reporting a net loss, Global-E Online demonstrated significant progress in narrowing its losses compared to the prior year.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Global-E Online Stock Soars 5.09% on Strong Q3 Results, Upbeat Outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Global-E Online Stock Soars 5.09% on Strong Q3 Results, Upbeat Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-21 23:20 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Global-E Online Ltd. (GLBE) shares surged 5.09% in the pre-market trading session on Thursday, outperforming the broader market. The stock's rally was fueled by the company's impressive third-quarter ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GLBE","symbol_name":"Global-E Online Ltd.","start_time":0,"source_url":"","article_id":"1169971660","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1169971660","pubTimestamp":1732202444,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Global-E Online Ltd.  shares surged 5.09% in the pre-market trading session on Thursday, outperforming the broader market. The stock's rally was fueled by the company's impressive third-quarter results and an optimistic outlook for the upcoming quarters.In its earnings report, Global-E Online posted a 35% year-over-year increase in Gross Merchandise Volume  to $1.134 billion, surpassing expectations. The company's total revenue grew by 32% to $176 million, driven by strong performance in both se","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GLBE":"Global-E Online Ltd."},"translate_title":"股票轨迹Global-E Online股价因强劲的第三季度业绩和乐观的前景而飙升5.09%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GLBE":1},"content_text":"Global-E Online Ltd. (GLBE) shares surged 5.09% in the pre-market trading session on Thursday, outperforming the broader market. The stock's rally was fueled by the company's impressive third-quarter results and an optimistic outlook for the upcoming quarters.\nIn its earnings report, Global-E Online posted a 35% year-over-year increase in Gross Merchandise Volume (GMV) to $1.134 billion, surpassing expectations. The company's total revenue grew by 32% to $176 million, driven by strong performance in both service fee and fulfillment services segments.\nThe company's adjusted EBITDA also showed robust growth, rising 41% year-over-year to $31.1 million, reflecting improved operational efficiency and cost control measures. Despite reporting a net loss, Global-E Online demonstrated significant progress in narrowing its losses compared to the prior year.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1169971660"}