GitLab Posts Strong Q3 Results, Upbeat Guidance, a…
From Financial Modeling Prep: 2024-12-06 11:31:00
GitLab (NASDAQ:GTLB) reported strong fiscal Q3 results with adjusted EPS of $0.23, beating estimates of $0.15. Revenue hit $196 million, surpassing forecasts of $187.9 million. cPRO increased 39% to $515.2 million. Bill Staples is the new CEO, with Sid Sijbrandij becoming executive chair. Q4 guidance includes EPS of $0.22-$0.23 on revenue of $205-$206 million, above expectations. Full-year outlook raised to EPS $0.63-$0.64 and revenue $753-$754 million.
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