GitLab (GTLB) Shares Surge 10% Following Q1 Beat & Better Than Expected Outlook

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GitLab Reports First Quarter Fiscal Year 2023 Financial Results

June 6, 2022 4:05 PM EDT

Quarterly revenue of $87.4 million, up 75% year-over-year Strong Dollar-Based Net Retention Rate above 130%

Fiscal First Quarter Highlights:

Total revenue of $87.4 millionGAAP operating margin of (49)%; Non-GAAP operating margin of (28)%GAAP net loss per share of $(0.18); Non-GAAP net loss per share of $(0.18)

SAN FRANCISCO, June 06, 2022 (GLOBE NEWSWIRE) --  All-Remote - GitLab Inc. (NASDAQ:... More