GitLab Inc. is a leading platform for DevOps, providing a suite of tools for software development, project management, and collaboration. The company offers a comprehensive solution that integrates various stages of the software development lifecycle, from planning and coding to testing and deployment. GitLab’s platform is designed to enhance productivity and streamline processes for developers and teams, allowing for better version control, continuous integration, and automated workflows. With an emphasis on openness and collaboration, GitLab also supports both self-hosted and cloud-based environments, catering to a diverse range of organizations seeking to innovate and deliver high-quality software efficiently. Read More
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Shares of software development tools maker GitLab (NASDAQ:GTLB)
fell 9.5% in the afternoon session after the company reported underwhelming first quarter 2025 (fiscal 2026) results: its full-year revenue guidance was in line, and investors were likely hoping for more. On the other hand, GitLab raised its full-year EPS guidance. In addition, the quarter's EPS and adjusted operating income exceeded Wall Street's estimates by a wide margin. Overall, this was a weak quarter.
GitLab had a solid quarter and provided robust guidance despite falling slightly short of the analysts' consensus estimate. Margin strength offsets the weakness
Software development tools maker GitLab (NASDAQ:GTLB) announced better-than-expected revenue in Q1 CY2025, with sales up 26.8% year on year to $214.5 million. The company expects next quarter’s revenue to be around $226.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.17 per share was 11.8% above analysts’ consensus estimates.
