GitLab Q1 EPS $(0.06) Beats $(0.14) Estimate, Sales $126.90M Beat $117.78M Estimate
Portfolio Pulse from Benzinga Newsdesk
GitLab reported Q1 EPS of $(0.06), beating the $(0.14) estimate, and sales of $126.90M, surpassing the $117.78M estimate. This represents a 66.67% increase in EPS and a 45.18% increase in sales compared to the same period last year.
June 05, 2023 | 8:08 pm
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GitLab's Q1 earnings beat estimates with EPS of $(0.06) and sales of $126.90M, showing significant YoY growth.
GitLab's Q1 earnings exceeded analyst expectations, with a 57.14% beat on EPS and a 7.74% beat on sales. The company's YoY growth in both EPS (66.67%) and sales (45.18%) indicates strong performance, which is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100