GTLB - GitLab Non-GAAP EPS of -$0.18 beats by $0.08 revenue of $87.41M beats by $9.28M

GitLab press release (NASDAQ:GTLB): Q1 Non-GAAP EPS of -$0.18 beats by $0.08. Revenue of $87.41M (+75.1% Y/Y) beats by $9.28M. GAAP operating margin of (49)%; Non-GAAP operating margin of (28)%. “Metrics in the first quarter were strong: 75% year-over-year revenue growth, dollar-based net retention above 130%, 92% year-over-year RPO growth, 90% non-GAAP gross margins, non-GAAP operating margin improvement of 1,700 basis points year-over-year and we saw great growth in all the customer segments despite the macro-environment. We remain committed to responsible growth.” said Brian Robins, GitLab CFO. Shares +5.82%.

For further details see:

GitLab Non-GAAP EPS of -$0.18 beats by $0.08, revenue of $87.41M beats by $9.28M