Gloo up after annual revenue forecast rise

Gloo Holdings

08/06/2026 23:02

** Shares of Christian tech platform Gloo Holdings GLOO.O rise 4% to $5.30 after the bell
** The firm raises FY26 revenue outlook to $195 million from prior expectation of $190 million
** Reports about 238% rise in Q1 revenue to $41.5 million vs. analysts' estimates of $36 million
** Quarterly net loss shrinks to $17.1 million from $27 million a year earlier
** Says to acquire remaining 20% stake of Midwestern Interactive, bringing its total ownership to 100%
** As of last close, GLOO down ~11% YTD

 (Reporting by Sanskriti Shekhar in Bengaluru)
 ((Sanskriti.Shekhar@thomsonreuters.com))