GitLab Shares Sink 8% Despite Earnings Beat as Rev…

From Financial Modeling Prep: 2025-06-11 16:43:00

GitLab (NASDAQ:GTLB) shares dropped 8% after strong Q1 results were overshadowed by weak revenue guidance. Q1 earnings per share beat estimates at $0.17, with revenue growing 27% to $214.5 million. However, Q2 guidance of $226–227 million and full-year outlook of $936–942 million were in line with expectations, disappointing investors looking for more growth. Despite operational improvements and strong metrics, the stock fell due to concerns over slowing growth.



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