earnings
confidence high
sentiment positive
materiality 0.70
GitLab Q2 FY2023 revenue $101M (+74% YoY); CTO to resign Oct 1
Gitlab Inc.
2023-Q2 EPS reported
-$0.58
revenue$188,448,000
- Revenue $101.0M, up 74% YoY; GAAP net loss per share $(0.40), non-GAAP $(0.15).
- Added largest number of base customers in a single quarter; non-GAAP operating margin improved 1,500 bps YoY.
- CTO Eric Johnson to resign effective Oct 1, 2022; will receive $32,500/mo consulting through Mar 2023.
- Principal Accounting Officer Dale Brown to retire in FY2024; no disagreement with company.