Global-e Online Ltd. reported its third-quarter earnings for fiscal year 2024, showcasing robust growth across several key metrics. The company's revenue reached $175.97 million, surpassing the estimated $169.16 million, marking a 32% year-over-year increase. Adjusted EBITDA was reported at $31 million, a 40.7% rise from the previous year, and gross margin improved to 47% from an estimated 45%. The Gross Merchandise Volume (GMV) surged to $1.13 billion, a 35% increase year-over-year, driven by new merchant partnerships like Harrods and platform enhancements. For the full year 2024, Global-e provided guidance with revenue expected between $732.9 million and $744.9 million, slightly above previous estimates. The company's stock saw an 8.6% pre-market increase to $46.42 following the earnings release. Global-e also raised its price target to $55 at Needham, reflecting strong market confidence in its growth trajectory.