GTLB - GitLab Stock Is Trading Higher Tuesday: What's Going On? | Benzinga
GitLab Inc (NYSE: GTLB) shares are trading higher Tuesday after the company reported better-than-expected financial results and issued guidance above estimates.
- Q3 Revenue: $149.7 million beat estimates of $141.49 million
- Q3 EPS: 9 cents beat estimates for a loss of 1 cent
Revenues were up 32% year-over-year. Customers with more than $5,000 of ARR increased to 8,175, up 26% and customers with more than $100,000 of ARR increased to 874, up 37%.
"We delivered a strong quarter, which was ...