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GitLab Inc. (GTLB) Q4 Earnings and Revenues Surpass Estimates
GTLBGitlab (GTLB) ZACKS·2025-03-03 23:25

Core Insights - GitLab Inc. reported quarterly earnings of 0.33pershare,exceedingtheZacksConsensusEstimateof0.33 per share, exceeding the Zacks Consensus Estimate of 0.23 per share, and showing an increase from 0.15pershareayearago,resultinginanearningssurpriseof43.480.15 per share a year ago, resulting in an earnings surprise of 43.48% [1] - The company achieved revenues of 211.43 million for the quarter ended January 2025, surpassing the Zacks Consensus Estimate by 2.82% and up from 163.78millionyear−over−year[2]−GitLabhasconsistentlyoutperformedconsensusEPSandrevenueestimatesoverthelastfourquarters[2]EarningsOutlook−ThesustainabilityofGitLab′sstockpricemovementwilldependonmanagement′scommentaryduringtheearningscallandfutureearningsexpectations[3][4]−ThecurrentconsensusEPSestimatefortheupcomingquarteris163.78 million year-over-year [2] - GitLab has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The sustainability of GitLab's stock price movement will depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is 0.14 on revenues of 211.88million,andforthecurrentfiscalyear,itis211.88 million, and for the current fiscal year, it is 0.74 on revenues of $931.75 million [7] Industry Context - The Internet - Software industry, to which GitLab belongs, is currently ranked in the top 34% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]