GitLab Confirms Q2 EPS $(0.03)-$(0.02) Vs $(0.03) Est.; Revenue $129M-$130M Vs $129.79M Est.; FY24 EPS $(0.18)-$(0.14) Vs $(0.14) Est.; Revenue $541M-$543M Vs $542.81M Est.
Portfolio Pulse from Benzinga Newsdesk
GitLab Inc. has confirmed its Q2 and FY24 guidance, with Q2 EPS expected to be between $(0.03) and $(0.02), and revenue between $129M and $130M. For FY24, the company expects EPS to be between $(0.18) and $(0.14), and revenue between $541M and $543M. These are forward-looking statements and actual results may differ.
July 18, 2023 | 8:10 pm
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GitLab has confirmed its Q2 and FY24 guidance. The company's forward-looking statements suggest a potential EPS and revenue within the estimated range. However, actual results may differ.
GitLab's confirmation of its Q2 and FY24 guidance is directly relevant to its stock. The company's forward-looking statements align with estimates, suggesting stability in its financial performance. However, these are projections and actual results may differ, which could impact the stock price.
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