GTLB News and Press, GitLab Inc. From 06/06/23

SAN FRANCISCO, June 06, 2023 (GLOBE NEWSWIRE) -- All Remote - GitLab Inc. , ​​the most comprehensive AI-powered enterprise DevSecOps platform, today announced it has been named a Leader by Forrester Research in The Forrester Wave™: Integrated Software Delivery Pla...

2023-06-06 13:57:00 ET Shares of GitLab (NASDAQ: GTLB) were rocketing higher today after the development, security, and operations (DevSecOps) software platform posted better-than-expected results in its first-quarter earnings report last night. As of 12:19 p.m. ET, the stock wa...

2023-06-06 13:11:07 ET Gainers: Recruiter.com Group ( RCRT ) +135% . Hoth Therapeutics ( HOTH ) +79% . Beamr Imaging ( BMR ) +32% . GitLab ( GTLB ) +31% . D-Wave Quantum ( QBTS ) +27% . MicroVision ( MVIS ) +23% . ...

2023-06-06 12:31:40 ET GitLab ( NASDAQ: GTLB ) is leading Technology sector gainers, up 32.8% heading into midday Tuesday after its first-quarter earnings topped analyst expectations and the company raised its full-year revenue forecast above consensus as well . The jump...

2023-06-06 09:33:22 ET The stock market was quiet Tuesday morning, with stock index futures on most major benchmarks easing slightly lower before the opening bell. At this point, many investors are playing a waiting game to see whether the economy maintains its current strength even as infl...

2023-06-06 04:27:43 ET Summary GitLab's guidance for the rest of the year has been revised upwards, indicating positive prospects. The company is making progress but still burning free cash flow, with the expectation to achieve free cash flow breakeven next fiscal year. Despit...

2023-06-05 19:50:18 ET GitLab Inc. (GTLB) Q1 2024 Earnings Conference Call June 05, 2023, 4:30 PM ET Company Participants Darci Tadich - Senior Executive Business Administrator Sid Sijbrandij - Co-Founder and Chief Executive Officer Brian Robins - Chief Financial...

2023-06-05 16:10:41 ET GitLab press release ( NASDAQ: GTLB ): Q1 Non-GAAP EPS of -$0.06 beats by $0.08 . Revenue of $126.88M (+45.2% Y/Y) beats by $9.05M . Customers with more than $5,000 of ARR increased to 7,406, up 43% from Q1 of fiscal year 2023. Custom...

Quarterly re venue of $126.9 million , up 45% year-over-year Fiscal First Quarter Highlights: Total revenue of $126.9 million GAAP operating margin of (46)%; Non-GAAP operating margin of (12)% GAAP net loss per share of $(0.35); Non-GAAP net loss ...

2023-05-26 03:59:32 ET Summary GitLab has managed to deliver stellar growth over the last four years, but it was achieved at very high SG&A expenses. I believe that the current challenging environment does not favor growth companies like GitLab. The stock is fairly valued ...