GitLab (NASDAQ:GTLB) will announce earnings this Wednesday. Last quarter, revenues were $214.5 million, up 26.8% YoY, beating expectations. EBITDA and billings also surpassed estimates. Analysts predict Q2 revenue to grow 24.3% to $227 million, with adjusted earnings at $0.16 per share. Peers like JFrog and Cloudflare reported revenue growth of 23.5% and 27.8%, respectively. Investor sentiment in the software development segment is positive, with share prices up 3.2% on average. GitLab is up 9.3% in the last month with an analyst price target of $62.30. Interested in a stock with strong cash flow and share buybacks? Check out our special report.

Read more at Barchart: GitLab (GTLB) Reports Q2 Results Tomorrow