The earnings results for GitLab (NASDAQ:GTLB) for Q3 were made public on Thursday, December 5, 2024 at 04:06 PM.
Here's a comprehensive overview of the announcement.
Earnings
GitLab beat estimated earnings by 44.0%, reporting an EPS of $0.23 versus an estimate of $0.16.
Revenue was up $46.38 million from the same period last year.
Overview of Past Earnings
The company beat on EPS by $0.05 in the last quarter, resulting in a 22.0% increase share price change the following day.
Here's a look at GitLab's past performance:
| Quarter | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|
| EPS Estimate | 0.10 | -0.04 | 0.08 | -0.01 |
| EPS Actual | 0.15 | 0.03 | 0.15 | 0.09 |
| Revenue Estimate | 176.89M | 165.89M | 158.21M | 141.49M |
| Revenue Actual | 182.58M | 169.19M | 163.78M | 149.67M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
GitLab management provided guidance for Q4 2025, expecting earnings between $0.22 and $0.23 per share.
To track all earnings releases for GitLab visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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