Gloo Fiscal Q2 Loss Narrows, Revenue Rises; 2026 Revenue Guidance Raised
MT newswire2026/09/09 20:34Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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04:34 PM EDT, 09/09/2026 (MT Newswires) -- Gloo (GLOO) reported a fiscal Q2 net loss late Wednesday of $0.25 per diluted share, narrowing from a loss of $6.45 a year earlier. Three analysts polled by FactSet expected a loss of $0.17. Revenue for the quarter ended July 31 was $46.6 million, up from $16.2 million a year earlier. Analysts expected $44.1 million. For fiscal Q3, the company expects revenue of $55 million. Analysts expect $51.2 million Gloo raised its 2026 revenue guidance to $200 million from $195 million previously. Analysts expect $195.1 million. Shares of Gloo were up nearly 2% in after-hours trading.
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