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GitLab Inc. - GTLB STOCK NEWS

Welcome to our dedicated page for GitLab news (Ticker: GTLB), a resource for investors and traders seeking the latest updates and insights on GitLab stock.

GitLab Inc. (GTLB) is a leading all-remote software development company specializing in DevSecOps. GitLab offers a comprehensive platform that enables developers to collaboratively create, manage, and secure codebases. Built on the renowned Git system, GitLab provides tools for code reviews, issue tracking, and more. The company operates in two major competitive landscapes: DevOps point solutions and DevOps platforms. Unlike other solutions that require multiple tools, GitLab consolidates everything into a single platform with one codebase and a unified interface.

Headquartered in the United States and with operations across Europe and Asia Pacific, GitLab's mission is to accelerate innovation in software development. It offers both self-managed and software-as-a-service (SaaS) models, making it versatile for various organizational needs.

Recently, GitLab introduced GitLab Duo Enterprise, an AI-powered add-on that spans the entire software development lifecycle. This innovation is designed to enhance security, streamline workflows, and foster team collaboration. The AI impact dashboard and value stream forecasting capabilities provide insights into the usage and impact of AI features, helping organizations optimize their development processes.

In financial terms, GitLab has shown resilience and growth. Despite facing a $4 million headwind in fiscal year 2025 revenue guidance, the company has adjusted its forecasts to meet expectations. GitLab remains committed to transparency, as evidenced by its publicly available company Handbook and frequent updates on financial metrics and operational strategies.

With over 30 million registered users and more than 50% of Fortune 100 companies relying on its platform, GitLab continues to be a trusted partner in delivering secure, efficient, and innovative software solutions.

News

GitLab to Announce Third Quarter Fiscal 2024 Financial Results

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GitLab Inc. (NASDAQ: GTLB) to report Q3 fiscal year 2024 financial results on December 4, 2023, after U.S. markets close. The company will host a Zoom video conference and earnings webcast to discuss the results. Interested parties may register for the conference call at ir.gitlab.com.
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GitLab Continues AI Momentum with Enhanced AI-Powered DevSecOps Workflows

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GitLab Inc. announces the beta availability of GitLab Duo Chat and the upcoming general availability of GitLab Duo Code Suggestions. These AI capabilities aim to increase security, efficiency, and collaboration across the entire software development lifecycle. GitLab Duo Chat, a powerful natural-language AI assistant, provides real-time guidance, insights, and suggestions to help analyze code, assist with planning, understand and fix security issues, troubleshoot CI/CD pipeline failures, assist with merge requests, and more. GitLab Duo Code Suggestions helps development, security, and operations teams create and update code to reduce cognitive load, improve efficiency, and build more secure software faster.
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GitLab Chief Product Officer David DeSanto to Present at the RBC Capital Markets Technology, Internet, Media and Telecommunications Conference

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NASDAQ: GTLB - GitLab Inc. to Present at RBC Capital Markets Technology, Internet, Media and Telecommunications Conference on November 14th, 2023
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Fleet Makes Vulnerability and Compliance Remediation a Data Problem With Open-Source, Cross-Platform Scripting

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Open-source endpoint security company Fleet announces new script execution capabilities based on osquery
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GitLab Chief Financial Officer Brian Robins to Present at the Piper Sandler Growth Frontiers Conference

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GitLab's CFO to present at Piper Sandler Growth Frontiers Conference on September 12th
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Global DevSecOps Report on AI Shows Cybersecurity and Privacy Concerns Create an Adoption Dilemma

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Organizations optimistic about AI adoption in software development, but privacy and security concerns persist. 83% see AI as essential, but 79% worry about access to private info. 40% view security as a benefit, but 40% of security professionals fear increased workload. 90% use or plan to use AI, but 81% need more training. Increased productivity seen as a positive, but potential divide between developers and security professionals. Insufficient training and resources contribute to AI skills gap. Privacy-first AI platforms in demand.
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GitLab Reports Second Quarter Fiscal Year 2024 Financial Results

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GitLab Inc. reports Q2 FY 2024 financial results with quarterly revenue of $139.6 million, up 38% YoY. Non-GAAP net income per share of $0.01. The company sees continued business momentum and responsible growth. Customers with more than $5,000 of ARR increased by 33% and customers with more than $100,000 of ARR increased by 37%. GitLab named a leader in Gartner Magic Quadrant for DevOps Platforms and the only leader in The Forrester Wave for Integrated Software Delivery Platforms. GitLab expects Q3 revenue of $140.0 - $141.0 million and FY 2024 revenue of $555.0 - $557.0 million.
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GitLab Co-Founder and Chief Executive Officer Sid Sijbrandij to Present at the Goldman Sachs Communacopia & Technology Conference

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GitLab CEO to present at Goldman Sachs conference
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GitLab Wins a Google Cloud Technology Partner of the Year Award

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GitLab recognized as DevOps, Application Development leader
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GitLab Names Chris Weber Chief Revenue Officer and Confirms Second Quarter and Annual Guidance

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FAQ

What is the current stock price of GitLab (GTLB)?

The current stock price of GitLab (GTLB) is $59.83 as of December 20, 2024.

What is the market cap of GitLab (GTLB)?

The market cap of GitLab (GTLB) is approximately 9.0B.

What does GitLab Inc. do?

GitLab Inc. provides a comprehensive DevSecOps platform that enables developers to collaboratively create, manage, and secure codebases.

What is GitLab Duo Enterprise?

GitLab Duo Enterprise is an AI-powered add-on that enhances security, streamlines workflows, and fosters team collaboration across the entire software development lifecycle.

How does GitLab's platform differ from competitors?

Unlike other DevOps solutions that require multiple tools, GitLab consolidates everything into a single platform with one codebase and a unified interface.

What are the financial highlights for GitLab?

Despite a $4 million headwind in fiscal year 2025 revenue guidance, GitLab has adjusted its forecasts to meet expectations and continues to show resilience and growth.

Where is GitLab headquartered?

GitLab is headquartered in the United States and has operations in Europe and Asia Pacific.

What kind of models does GitLab offer?

GitLab offers both self-managed and software-as-a-service (SaaS) models.

How many users does GitLab have?

GitLab has over 30 million registered users.

Which major companies use GitLab?

More than 50% of Fortune 100 companies rely on GitLab's platform.

What is the company’s approach to transparency?

GitLab is committed to transparency, as evidenced by its publicly available company Handbook and frequent updates on financial metrics and operational strategies.

What recent innovations has GitLab announced?

GitLab recently announced GitLab Duo Enterprise and a new CI/CD catalog to improve efficiency and standardize workflows.

Stock GTLB logo
GitLab Inc.

Nasdaq:GTLB

GTLB Rankings

#910 Ranked by Market Cap
N/A Ranked by Dividends

GTLB Stock Data

9.03B
136.09M
3.75%
82.85%
3.05%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
SAN FRANCISCO