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Altus Group reported Q2 revenue growth of 6%, adjusted EBITDA growth of 34% and adjusted EPS growth of 36%. It raised its full-year revenue outlook by 25 basis points and margin expansion outlook by 60 basis points.
GitLab jumped after fiscal second-quarter adjusted earnings of 24 cents a share beat estimates, revenue rose 21% to $286.25 million and the company lifted third-quarter guidance and its fiscal 2027 outlook.
A SaaS company increases its 2026 outlook, following a fund's exit of a $39 million stake. The move may impact investor sentiment.