GitLab Sees FY24 Adj. EPS $(0.08)-$(0.05) vs $(0.14) Est., Revenue $555M-$557M vs $542.81M Est.
Portfolio Pulse from Benzinga Newsdesk
GitLab has projected its FY24 adjusted EPS to be between $(0.08) and $(0.05), which is better than the estimated $(0.14). The company also expects its revenue to be between $555M and $557M, surpassing the estimated $542.81M.
September 05, 2023 | 8:10 pm
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POSITIVE IMPACT
GitLab's better-than-expected FY24 adjusted EPS and revenue projections could positively impact its stock price.
GitLab's projected FY24 adjusted EPS and revenue figures are better than the estimates. This positive financial outlook could increase investor confidence and drive up the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100