GTLB beats fiscal Q1 earnings and revenue estimates, but shares sink over AI competition and public sector concerns.
There was absolutely nothing wrong with GitLab's NASDAQ: GTLB Q1 earnings report and guidance. Nothing that is, except a wee bit of tepidness relative to analysts' relatively high bar.
Shares of GitLab Inc (NASDAQ:GTLB) are deep in the red this morning, off 10% at $43.68, after software company's disappointing second quarter and full-year guidance overshadowed a first-quarter earnings beat.
17 Mar 2025 Date | | 0.14 Cons. EPS | 0.33 EPS |
5 Dec 2024 Date | | 0.15 Cons. EPS | 0.23 EPS |
2 Dec 2024 Date | | 0.15 Cons. EPS | - EPS |
3 Sep 2024 Date | | 0.1 Cons. EPS | 0.15 EPS |
11 Jun 2024 Date | | - Cons. EPS | - EPS |
17 Mar 2025 Date | | 0.14 Cons. EPS | 0.33 EPS |
5 Dec 2024 Date | | 0.15 Cons. EPS | 0.23 EPS |
2 Dec 2024 Date | | 0.15 Cons. EPS | - EPS |
3 Sep 2024 Date | | 0.1 Cons. EPS | 0.15 EPS |
11 Jun 2024 Date | | - Cons. EPS | - EPS |
Software - Application Industry | Technology Sector | Mr. William Staples CEO | XMUN Exchange | US37637K1088 ISIN |
US Country | 2,375 Employees | - Last Dividend | - Last Split | 14 Oct 2021 IPO Date |
GitLab Inc. is a multifaceted company specializing in software development tools and services, catering to a broad audience across the United States, Europe, and the Asia Pacific. Originating as GitLab B.V. and transitioning to its current incarnation in July 2015, the company has established a strong presence in the tech industry since its foundation in 2011. Headquartered in San Francisco, California, GitLab plays a critical role in streamlining the software development lifecycle, advocating for efficiency and transparency through its comprehensive suite of products and services. By fostering an environment that emphasizes speed, visibility, and control at every stage of the DevOps lifecycle, GitLab Inc. secures its position as a pivotal entity for organizations aiming to leverage software development for significant business advancement.
At the heart of GitLab Inc.'s offerings is the GitLab DevOps Platform, a unique, single-application approach that encompasses the entirety of the software development and operations lifecycle. This platform distinguishes itself by enabling faster cycle times, which are crucial for meeting market demands and maintaining competitive edge. By integrating and automating tasks that traditionally occur at separate stages—from planning and building to securing and deploying—GitLab drastically reduces complexities and fosters a more collaborative and efficient work environment. This all-in-one solution not only empowers teams to achieve higher productivity but also enhances the overall quality of software outputs with its built-in review, testing, and deployment tools.
Beyond its software platform, GitLab Inc. extends its expertise through a comprehensive range of training and professional services. These offerings are crafted with the aim of maximizing the utility and impact of GitLab's tools within client operations. From onboarding and best practices workshops to more advanced usage and custom integration support, GitLab's services are designed to address the unique needs and challenges of each organization. This educational component ensures that clients not only deploy GitLab solutions efficiently but also continue to drive impactful, business-centric outcomes through sustained, skillful use of the platform.