GitLab Inc. (GTLB) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this company would post a loss of $0.04 per share when it actually produced earnings of $0.03, delivering a surprise of 175%. Over the last four quarters, the company has surpas ...

Exhibit 99.1 GitLab Reports Second Quarter Fiscal Year 2025 Financial Results Second Quarter Fiscal Year 2025 Highlights: • Total revenue of $182.6 million, up 31% year-over-year • Significant year-over-year GAAP and Non-GAAP operating margin expansion • Operating cash flow of $11.7 million and Non-GAAP adjusted free cash flow of $10.8 million San Francisco (September 3, 2024) -All-Remote-GitLab Inc. (NASDAQ: GTLB), the most comprehensive AI-powered DevSecOps platform, today reported financial results for i ...

GitLab (GTLB) shares have plunged 25.3% year to date (YTD), underperforming the Zacks Computer & Technology sector's growth of 21.7% and the Zacks Internet Software industry's return of 14.5%. The underperformance in GitLab shares can be attributed to modest top-line growth expectations in fiscal 2025 due to the challenging macroeconomic environment. It also includes a $4 million headwind related to GTLB's stand-alone selling price analysis. Although the latest products like GitLab Duo and GitLab Duo Pro bo ...

SAN FRANCISCO, Aug. 28, 2024 (GLOBE NEWSWIRE) -- All Remote - GitLab Inc., (NASDAQ: GTLB), the most comprehensive AI-powered DevSecOps platform, today announced that GitLab Chief Financial Officer Brian Robins will present at the Piper Sandler Growth Frontiers Conference in Nashville, Tenn, on Tuesday, September 10th, 2024. The fireside chat is scheduled for 1:00 p.m. Central Time and will be webcast live at the following link: https://event.webcasts.com/starthere.jsp?ei=1683706&tp_key=38e2d90b5d A link to ...

End-to-end AI add-on supports DevSecOps teams at every stage of the software development lifecycle GitLab recently recognized as a Leader in the first-ever 2024 Gartner® Magic Quadrant™ for AI Code Assistants SAN FRANCISCO, Aug. 22, 2024 (GLOBE NEWSWIRE) -- All Remote - GitLab Inc., the most comprehensive AI-powered DevSecOps platform, today announced the general availability of the GitLab Duo Enterprise add-on for $39 per user per month. The add-on is available to Ultimate customers through all GitLab depl ...

SAN FRANCISCO, Aug. 22, 2024 (GLOBE NEWSWIRE) -- All Remote -- GitLab Inc., the most comprehensive AI-powered DevSecOps platform, today announced it was named a Leader in the first-ever 2024 Gartner Magic Quadrant for AI Code Assistants1. The Magic Quadrant, which evaluated 12 vendors, recognized GitLab as a Leader based on "Completeness of Vision" and "Ability to Execute." According to Gartner, "Leaders in the Magic Quadrant for AI Code Assistants excel in delivering comprehensive AI-powered capabilities t ...

Luis Alvarez Executive Summary GitLab Inc. (NASDAQ:GTLB) stocks are currently trading below their fair market price. GitLab's success has to be found in its innovative approach to software development, focusing on security features and in an all-in-one platform covering the entire software development lifecycle. We expect GitLab to continue penetrating the software development segment, expanding its niche presence by acquiring new enterprise customers and continue upselling its existing customers by realisi ...

The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time. For Gitlab, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' apprecia ...

▼ Why the Acquisition of GitLab Makes Sense View The Five Stocks Here GitLab Today Get GitLab alerts: GitLab analyst ratings and price targets are at MarketBeat. There are 25 analyst ratings comprised of 21 Buys and four Holds, with an average consensus price target 25.% higher at $67.50. GTLB $53.54 52-Week Range $40.19 Price Target $67.30 DevOps platform provider GitLab Inc. NASDAQ: GTLB saw its shares surge over 10% on speculation that the company is exploring a sale after attracting buyout interest. Fur ...

GitLab Inc. (GTLB) shares rallied 9.3% in the last trading session to close at $55.39. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 17.8% gain over the past four weeks. This company is expected to post quarterly earnings of $0.09 per share in its upcoming report, which represents a year-over-year change of +800%. Revenues are expected to be $176.34 million, up 26.3% from the year-ago quarter. Gitlab is a m ...