GitLab (NASDAQ:GTLB – Get Free Report) issued its quarterly earnings results on Monday. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.10, MarketWatch Earnings reports. The company had revenue of $149.67 million for the quarter, compared to analyst estimates of $141.54 million. GitLab had a […]
GitLab stock surged Tuesday on its first ever adjusted operating profit. However, a rival software-development company could offer a better way to play.
GitLab (NASDAQ:GTLB – Get Free Report) had its price target upped by equities researchers at Royal Bank of Canada from $62.00 to $70.00 in a research report issued on Tuesday, Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank of Canada’s price target would suggest a potential upside of 16.59% […]
GitLab (NASDAQ:GTLB – Get Free Report) issued an update on its fourth quarter earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $0.08-0.09 for the period, compared to the consensus estimate of ($0.01). The company issued revenue guidance of $157-158 million, compared to the consensus revenue estimate of $150.29 million. […]
By Denny Jacob GitLab widened its loss and grew revenue in its latest quarter. The code hosting and collaboration platform services provider widened its loss.