Feb. 27 at 7:09 PM
$GLOB Earnings were very mid, commentary was uber mid. Didn’t see a definitive explanation on seat compression/loss and how that would impact the long term trajectory of the business in terms of preventing cannibalization.
Backlog (if you trust it) looks good, balance sheet is decent. If SaaS is under pressure, then these types of businesses are going to be reeling. The transition from headcount to non headcount growth is massive and will likely take years.