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 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