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Monday, December 5, 2022

===GitLab (GTLB) reported earnings on Mon 5 Dec 22 (a/h)

 

GitLab beats by $0.05, beats on revs; guides Q4 EPS above consensus, revs in-line
  • Reports Q3 (Oct) loss of $0.10 per share, $0.05 better than the S&P Capital IQ Consensus of ($0.15); revenues rose 69.2% year/year to $113 mln vs the $106.08 mln S&P Capital IQ Consensus.
  • Customers with more than $5,000 of ARR increased to 6,469, up 59% from Q3 of fiscal year 2022.
  • Customers with more than $100,000 of ARR increased to 638, up 49% from Q3 of fiscal year 2022.
  • Dollar-Based Net Retention Rate above 130% in Q3 of fiscal year 2023.
  • Co issues guidance for Q4, sees EPS of ($0.15)-($0.14) vs. ($0.17) S&P Capital IQ Consensus; sees Q4 revs of $119-$120 mln vs. $119.33 mln S&P Capital IQ Consensus.

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