GitLab Ses Q3 Adj. EPS $(0.02)-$(0.01) vs $(0.04) Est., Revenue $140M-$141M vs $138.11M Est.
Portfolio Pulse from Benzinga Newsdesk
GitLab has released its Q3 adjusted EPS guidance, expecting a range of $(0.02)-$(0.01), which is better than the estimated $(0.04). The company also anticipates revenue between $140M-$141M, surpassing the estimate of $138.11M.
September 05, 2023 | 8:09 pm
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POSITIVE IMPACT
GitLab's Q3 adjusted EPS and revenue guidance both surpass estimates, indicating a potentially strong quarter for the company.
GitLab's Q3 guidance for both adjusted EPS and revenue surpasses estimates, which is a positive signal for the company's performance. This could lead to increased investor confidence and potentially a rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100