GitLab Inc.
- Gitlab soared 14.2% to $60.44 after the software developer reported better-than-expected quarterly results and the company reported adjusted operating profit for the first time.
Revenue in the third quarter increased 32% to $149.7 million from $113.0 million, net loss expanded to $285.2 million from $48.5 million, and diluted loss per share increased to $1.84 from 33 cents a year ago.
The company estimated fourth-quarter revenue to fall between $157 million and $158 million, non-GAAP operating income between $5 million and $6 million, and non-GAAP diluted earnings per share between 8 cents and 9 cents.
The company estimated revenue in the fiscal year 2024 to range between $573 million and $574 million, non-GAAP-adjusted losses between $8 million and $9 million, and non-GAAP-adjusted diluted earnings per share between 12 cents and 13 cents.
Dec 5, 2023 - Gitlab Inc increased 0.7% to $50.10 after the database platform developer reported better-than-expected second quarter results.
Second quarter revenue increased 38% to $139.6 million from $101 million and net loss shrank to $51.2 million from $61.5 million and diluted loss per share decreased to 33 cents from 40 cents.
The company guided third quarter revenue between $140 million and $141 million and fiscal year 2024 revenue between $555 million and $557 million.
Sep 6, 2023 - GitLab Inc increased 23.6% to $43.77 after the database developer reported smaller-than-estimated loss and offered a positive outlook for the current quarter and full-year.
Revenue in the fiscal first quarter ending in April increased 45% to $126.9 million from $87.4 million and net loss expanded to $52.5 million from $26.1 million and diluted loss per share widened to 35 cents from 18 cents a year ago.
The company guided fiscal second quarter revenue between $129.0 million and $130.0 million and for full-year between $541.0 million and $543.0 million.
The database developer forecasted non-GAAP fiscal second quarter net loss between 10 cents and 11 cents and for full-year 14 cents and 18 cents.
Jun 6, 2023 - GitLab Inc plunged 32.6% to $30.71 after the cloud computing software company estimated sharply lower revenue in 2024.
The software services provider estimated revenue to fall between $529 million and $533 million in 2024.
Revenue in the fourth quarter increased 58% to $122.9 million from $77.8 million and loss attributable to shareholders fell to $38.7 million from $45.8 million and diluted loss per share shrank to 26 cents to 32 cents a year ago.
Mar 14, 2023 - Gitlab Inc soared more than 20% after the software developer said the fiscal third quarter loss narrowed to 33 cents from 62 cents a year ago and sales rose 69% to $113 million.
Dec 5, 2022
| Year | Q1 | Q2 | Q3 | Q4 | Annual | |
|---|---|---|---|---|---|---|
| 2023 | -0.25 | -0.35 | -0.33 | -1.84 | - | |
| 2022 | -0.05 | -0.18 | -0.4 | -0.33 | -1.16 | |
| 2021 | - | -0.53 | -0.75 | -0.62 | -1.95 | |
| 2020 | - | - | - | - | -3.82 | |
| 2019 | - | - | - | - | -2.76 |