GitLab GTLB reported its Q1 earnings results on Monday, June 5, 2023 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
GitLab beat estimated earnings by 57.14%, reporting an EPS of $-0.06 versus an estimate of $-0.14.
Revenue was up $39.47 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.11 which was followed by a 23.86% drop in the share price the next day.
Here's a look at GitLab's past performance:
| Quarter | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.14 | -0.15 | -0.23 | -0.27 |
| EPS Actual | -0.03 | -0.10 | -0.15 | -0.18 |
| Revenue Estimate | 119.56M | 106.05M | 94.04M | 77.81M |
| Revenue Actual | 122.91M | 112.98M | 101.04M | 87.41M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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