By Connor Hart

Shares of Global-E Online rose after the company swung to a profit in the second quarter and slightly raised its full-year outlook.

The stock climbed 14% to $38.70 in premarket trading Wednesday. Through Tuesday's close, shares are down 38% year-to-date.

The Israeli e-commerce platform posted a profit of $10.5 million, compared with a loss of $22.4 million a year earlier. Quarterly earnings came in at 6 cents a share, ahead of the 3 cents a share that analysts polled by FactSet expected.

Revenue jumped 28% to $214.9 million and topped the $208 million that Wall Street modeled.

"Interest in our global e-commerce solutions is as strong as ever, as we continue to help both new and existing merchants navigate a complex and dynamic environment," Chief Executive Amir Schlachet said.

For the current quarter, Global-E guided for adjusted earnings before interest, taxes, depreciation and amortization of $37.5 million to $41.5 million, as well as revenue of $214 million to $221 million.

Analysts were looking for adjusted Ebitda of $40.8 million and a top line of $217.4 million.

For the year, the company now expects adjusted Ebitda of $180 million to $200 million, up from a prior view of $179 million to $199 million. It increased its revenue outlook to between $921.5 million and $971.5 million, from between $917 million and $967 million.

Wall Street forecast adjusted Ebitda of $187.5 million and revenue of $935.8 million.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

August 13, 2025 06:46 ET (10:46 GMT)

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