secwatch.observer — SEC 8-K summary
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Issuer:     Gitlab Inc. (GTLB)
CIK:        0001653482
Form:       8-K
Filed at:   2024-12-05T23:59:59+00:00
Accession:  0001628280-24-050064
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GitLab Q3 revenue $196M (+31% YoY); GAAP net income $29.6M; CEO Sid Sijbrandij steps down, Bill Staples appointed
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- Revenue $196.0M (31% YoY growth); GAAP net income $29.6M vs ($285.2M) loss in Q3 FY24.
- Non-GAAP operating income $25.9M, margin 13% vs 3% YoY; non-GAAP net income $39.1M vs $14.4M.
- CEO Sid Sijbrandij resigns as CEO, becomes Executive Chair; Bill Staples (ex-New Relic CEO) appointed CEO.
- Non-GAAP EPS $0.23 diluted vs $0.09 YoY; adjusted free cash flow $9.7M vs ($6.7M) YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653482/000162828024050064/0001628280-24-050064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653482/000162828024050064/gtlb-20241203.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-050064

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer