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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100