GitLab's Q3 Earnings: Strong Growth, Public Sector Challenges
Update: 2025-12-03
Description
GitLabs Q3 earnings show robust growth, with revenue up 24.6% and profit per share exceeding estimates. However, investors concerns about a slowdown in spending by existing customers and challenges in the US public sector led to a negative market reaction. Despite this, GitLab remains optimistic about its new Duo Agent platform, which will enable usage-based pricing and drive future growth. The company is also bolstering its sales team to attract more large enterprise customers, acknowledging that this will take time.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
