These Analysts Revise Their Forecasts On GitLab After Q4 Results

GitLab Inc. (NASDAQ: GTLB) reported upbeat quarterly earnings, but issued earnings guidance below estimates.

The company reported quarterly earnings of 15 cents per share which beat the analyst consensus estimate of 8 cents per share. Quarterly sales clocked in at $163.78 million, beating the analyst consensus estimate of $158.21 million, according to data from Benzinga Pro, according to data from Benzinga Pro.

“We delivered a strong fourth quarter and continue to see large enterprise customers standardize on GitLab to realize business value,” said Sid Sijbrandij, GitLab CEO. “By integrating AI throughout the software development lifecycle, …

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