Global E Online (NASDAQ: GLBE) stock surged 7.49% to $36.51 in Wednesday’s pre-market session, following a robust Q2 earnings report that exceeded expectations.
The company posted earnings of $0.06 per share, significantly improving from a $0.13 loss year-over-year, and reported a 27.9% increase in revenue to $214.88 million, surpassing estimates.
The positive financial performance and an optimistic revenue outlook for FY 2025 and Q3 2025 are driving investor sentiment.