** Shares of Christian tech platform Gloo GLOO.O up 12.1% at $6.91 premarket
** Co raises FY26 rev forecast and said it is targeting profitability by Q4
** “Looking ahead, our Q1 2026 guidance and sequential improvement in adjusted EBITDA keep us firmly on track for delivering Adjusted EBITDA profitability by Q4 2026,” said Paul Seamon, CFO of Gloo
** Co raises its FY rev forecast to $190 mln from previous outlook of $180 mln-$185 mln
** Gloo posts an adjusted loss of 60 cents per share for the quarter, wider than analysts’ expectation of a 45-cent loss per share, as per LSEG data
** As of last close, GLOO stock up 8.3% YTD
(Reporting by Tharuniyaa Lakshmi in Bengaluru)
((tharuniyaa@thomsonreuters.com))