GitLab Inc (GTLB) PT Lowered to $60 at Piper Sandler
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GitLab (GTLB) Stock Gains 10% on 'Strong' Results and Guidance
June 7, 2022 7:01 AM EDTShares of Gitlab (NASDAQ: GTLB) are up more than 10% in premarket trading after the company reported better-than-expected Q1 revenue and issued an upbeat Q2 and full-year forecast.
Gitlab reported a Q1 adjusted loss per share of 17c, while analysts were expecting a loss per share of 27c. Revenue came in at $87.4 million, topping the consensus estimates of $77.7 million. The first-quarter gross margin stood... More
