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

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

GitLab Reports Fourth Quarter and Full Year 2024 Financial Results

March 4, 2024 4:05 PM EST

Quarterly revenue of $163.8 million, up 33% year-over-year

Fiscal Fourth Quarter Highlights:

Total revenue of $163.8 millionGAAP operating margin of (21)%; Non-GAAP operating margin of 8%GAAP net loss per share of $(0.23); Non-GAAP net income per share of $0.15

Fiscal Year 2024 Highlights:

Total revenue of $579.9... More