GitLab Reports Fourth Quarter and Full Year 2024 Financial Results

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GitLab dives 20% on profitability guide; analyst says market reaction is 'overblown'

March 5, 2024 4:02 AM EST

GitLabs (NASDAQ: GTLB) shares are down more than 20% in premarket trading Tuesday after the software companys full-year profitability guidance missed Wall Streets estimates.

For the fiscal Q4 2024, GitLab reported earnings per share (EPS) of $0.15, surpassing the analyst forecast of $0.08. Revenue for the quarter reached $163.8 million, above the anticipated $157.89 million.

The company... More

GitLab Inc (GTLB) Tops Q4 EPS by 7c, Guidance Misses

March 4, 2024 4:08 PM EST

GitLab Inc (NASDAQ: GTLB) reported Q4 EPS of $0.15, $0.07 better than the analyst estimate of $0.08. Revenue for the quarter came in at $163.8 million versus the consensus estimate of $157.89 million.

GUIDANCE:

GitLab Inc sees Q1 2025 EPS of ($0.05)-($0.04), versus the consensus... More