Gloo Holdings Inc. (NASDAQ:GLOO) shares surged 10.39% to $6.80 before the bell on Wednesday after the Colorado-based technology platform reported fourth-quarter results with revenue of $33.6 million, beating analyst estimates by 5.10%.
The company also reported fiscal 2025 financial results and raised full-year revenue guidance in the same announcement for the period ended Jan. 31.
What Did Q4 Data Say?
Fourth-quarter revenue for Gloo Holdings came in at $33.63 million, exceeding analyst expectations of $32 million and reflecting strong 418% year-over-year growth.
Platform revenue for the company rose to $20.1 million, while platform solutions contributed $13.5 million.
The company reported a net loss of $48.6 million, with results including meaningful non-cash charges.
Gloo Holdings stated that adjusted EBITDA was negative $18.6 million, slightly better than consensus estimates.
Fiscal 2025 Data
For fiscal 2025, Gloo reported revenue of $94.7 million, representing 308% year-over-year growth, with growth in both platform and …