Global-e Online Ltd. (GLBE) Q3 2023 Earnings Call Transcript

Nov. 15, 2023 12:11 PM ETGlobal-E Online Ltd. (GLBE) StockGLBE
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153.96K Followers

Q3: 2023-11-15 Earnings Summary

EPS of $0.20 beats by $0.10
 | Revenue of $133.61M (26.57% Y/Y) misses by $7.37M

Global-e Online Ltd. (NASDAQ:GLBE) Q3 2023 Earnings Conference Call November 15, 2023 8:00 AM ET

Company Participants

Erica Mannion - Sapphire, IR
Amir Schlachet - Co-Founder and CEO
Ofer Koren - CFO
Nir Debbi - Co-Founder and President

Conference Call Participants

Samad Samana - Jefferies
Scott Berg - Needham & Company
Alex Toepfer - Goldman Sachs
Kunal Madhukar - UBS
Brent Bracelin - Piper Sandler
Brian Peterson - Raymond James
Koji Ikeda - Bank of America
Madison Schrage - KeyBanc Capital Markets
Pat Walravens - JMP Securities
Mark Zgutowicz - The Benchmark Company

Operator

Welcome to the Global-e's Third Quarter 2023 Earnings Call. This call is being simultaneously webcast on the company's website in the Investors section under News and Events.

For opening remarks and introductions, I will now turn the call over to Erica Mannion at Sapphire Investor Relations. Please go ahead.

Erica Mannion

Thank you, and good morning. With me today from Global-e are Amir Schlachet, Co-Founder and Chief Executive Officer; Ofer Koren, Chief Financial Officer; and Nir Debbi, Co-Founder and President. Amir will begin with a review of the business results for the third quarter of 2023. Ofer will then review the financial results for the third quarter of '23, followed by the company's outlook for the fourth quarter and full year of 2023. We will then open the call for questions.

Certain statements we make today may constitute forward-looking statements and information within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 that relate to our current expectations and views of future events. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control.

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