NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of all persons or entities who purchased or otherwise acquired GitLab Inc. ("GitLab" or the "Company") (NASDAQ: GTLB) securities between June 6, 2023 and March 4, 2024, inclusive (the "Class Period"). The lawsuit seeks to recover damages for the Company's investors under the federal securit ...

GitLab NASDAQ: GTLB shares wallowed over the summer, but those days are long behind it now that the Q2 results are in. The results show that AI-focused spending is shifting to applications development, where GitLab excels. It is the leading DevSecOps platform, providing an end-to-end solution for companies ramping up their software development programs. Its AI-powered tools improve development time, security, and outcomes; they were recently named a leader in AI assist in one of Gartner's newest Magic Quadr ...

NEW YORK, Sept. 04, 2024 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of GitLab Inc. ("GitLab" or the "Company") (NASDAQ: GTLB) between June 6, 2023 and March 4, 2024, both dates inclusive. You are hereby notified that the class action lawsuit Dolly v. GitLab Inc., et al. (Case No. 3:24-cv-06244) has been commenced in the United States District Court for the Northern District of California. To ...

Sumedha Lakmal Thesis GitLab Inc. (NASDAQ:GTLB) presents a compelling investment opportunity due to its strong position in the rapidly growing DevOps market, innovative product offerings, and potential for continued growth despite facing intense competition. Company Overview GitLab is a complete DevOps platform delivered as a single application, covering the entire software development lifecycle from planning to monitoring. Founded in 2011, the company went public in October 2021. Reasons to Consider Invest ...

It's business as usual for GitLab. Shares of GitLab (GTLB 17.07%) were soaring today after the DevOps cloud software specialist posted strong results in its fiscal 2025 second-quarter earnings report, beating estimates on the top and bottom lines. As of 12:17 p.m. ET, the stock was up 17% on the news. GitLab keeps growing In a difficult environment for cloud software companies, GitLab keeps delivering solid growth. Revenue in the quarter rose 31% to $182.6 million, topping estimates at $177 million. Adjuste ...

Shares of Gitlab Inc GTLB spiked in early trading on Wednesday, after the company reported upbeat secondquarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Cantor Fitzgerald analyst Yi Fu Lee reiterated an Overweight rating, while raising the price target from $55 to $60. Scotiabank analyst Patrick Colville reaffirmed a Sector Outperform rating, while lifting the price target from $59 to $65. Truist Securities analyst Joel Fishbein maintai ...

Key Takeaways GitLab posted second-quarter earnings and revenue that exceeded forecasts as artificial intelligence (AI) product demand boosted sales. The software-development provider also raised its full-year guidance. Co-founder and CEO Sid Sijbrandij said organizations need faster software solutions to compete in the AI arena. GitLab (GTLB) shares soared Wednesday, a day after it posted better-than-expected results and raised its guidance, becoming the latest tech firm to benefit from the soaring demand ...

Olemedia/E+ via Getty Images The GitLab Investment Thesis GitLab Inc (NASDAQ:GTLB) is a company with significant growth potential due to its market position and a potential TAM of more than $40 billion. At the time of my last article, however, the stock had taken a big hit after guidance came in worse than expected. Fortunately, the stock was able to bounce back from the weaker-thanexpected guidance and even raised guidance above what was expected at the time. The first half of the fiscal year was also very ...

GitLab Inc. (NASDAQ:GTLB) Q2 2025 Results Conference Call September 3, 2024 4:30 PM ET Company Participants Kelsey Turcotte - VP, IR Sid Sijbrandij - Co-Founder and CEO Brian Robins - CFO Conference Call Participants Joel Fishbein - Truist Ryan MacWilliams - Barclays Jason Ader - William Blair Kash Rangan - Goldman Sachs Karl Keirstead - UBS Rob Owens - Piper Sandler Michael Turrin - Wells Fargo Pinjalim Bora - JPMorgan Gregg Moskowitz - Mizuho Matt Hedberg - RBC Mike Cikos - Needham Peter Weed - Bernstein ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2024 or [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40895 GITLAB INC. (Exact name of registrant as specified in its charter) Delaware 47-1861035 (State or oth ...