Global-e Online (GLBE) posted a net loss in the first quarter of $17.9 million compared to a loss of $32.1 million in the first quarter of 2024. Loss per share was $0.11 compared to a loss of $0.19. Adjusted EBITDA was $31.6 million compared to $21.3 million.
Revenue in the first quarter was $189.9 million, an increase of 30% year over year. GMV was $1.24 billion, an increase of 34% year over year.
For the second quarter, the company expects: adjusted EBITDA in a range of $35 - $39 million, and revenue in a range of $204 - $211 million.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.