GitLab’s Big Gains
On Friday, we discussed growth stocks getting back on the right path due to a variety of factors. Today, that trend continued with GitLab. 👍
The developer-tools company is jumping after posting better-than-expected earnings, revenues, and guidance. Adjusted earnings per share (EPS) of $0.09 on revenues of $149.7 million topped the $0.01 per share loss on $141.5 million in revenues that analysts anticipated.