Global-E Online Ltd. (GLBE) Q2 2024 Earnings Call Transcript

Aug. 14, 2024 12:31 PM ETGlobal-E Online Ltd. (GLBE) StockGLBE
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153.96K Followers

Q2: 2024-08-14 Earnings Summary

EPS of $0.17 beats by $0.03
 | Revenue of $168.01M (26.03% Y/Y) beats by $2.08M

Global-E Online Ltd. (NASDAQ:GLBE) Q2 2024 Earnings Conference Call August 14, 2024 8:00 AM ET

Company Participants

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

Conference Call Participants

Will Nance - Goldman Sachs
Samad Samana - Jefferies
James Faucette - Morgan Stanley
Brian Peterson - Raymond James
Andrew Bauch - Wells Fargo
Koji Ikeda - Bank of America
Scott Berg - Needham & Company
Patrick Walravens - JMP
Brent Bracelin - Piper Sandler
Mark Zgutowicz - Benchmark Company
Oliver Lester - Arete Research Services

Operator

Welcome to the Global-E’s Second Quarter 2024 Earnings Announcement Conference Call. This call is being simultaneously webcast on the company's website in the Investor Relations 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 second quarter of 2024. Ofer will then review the financial results for the second quarter of 2024, followed by the company's outlook for the third quarter and full year of 2024. 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 (ph) 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

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