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Global-E Online reported strong 2024 earnings but saw stock fall as 2025 forecasts disappointed.
Global-E Online (GLBE) saw strong financial results in 2024 with a 42% revenue increase in Q4 to $262.9 million and a 51.8% rise in Adjusted EBITDA to $140.8 million for the year.
Analysts raised price targets, averaging $55.33, but GLBE's stock dropped 11.94% pre-market to $54.51 after Q1 and FY2025 forecasts came in lower than expected.
The company projects a revenue range of $184.5M to $191.5M for Q1 and $917M to $967M for FY2025.
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Global-E Online informó de fuertes ganancias de 2024, pero vio la caída de stock como 2025 previsiones decepcionadas.