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Gitlab Inc - GTLB STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Gitlab's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Gitlab's position in the market.

News
GitLab Announces the General Availability of GitLab Duo Chat
Rhea-AI Summary
GitLab Inc. announces the general availability of GitLab Duo Chat, a new AI-powered DevSecOps platform feature. The chat interface optimizes workflows, boosts productivity, and offers AI capabilities like code explanation, refactoring, and test generation. Users can access Chat within GitLab's user interface and popular IDEs, enhancing collaboration and efficiency in software development.
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GitLab Wins a Google Cloud Technology Partner of the Year Award for DevOps
Rhea-AI Summary
GitLab receives the 2024 Google Cloud Technology Partner of the Year Award in Application Development - DevOps category for the fourth consecutive year. The partnership with Google Cloud enhances secure AI offerings, integrating AI-powered features into the DevSecOps platform. This recognition emphasizes the commitment to efficient software development, privacy-first AI, and security integrated from the start.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.59%
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GitLab to Hold Fireside Chat with Truist Securities
Rhea-AI Summary
GitLab Inc. announces participation in a fireside chat with Truist Securities. CEO and CFO to discuss on March 27, 2024. Webcast details provided.
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End-of-Day
0.14%
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GitLab Acquires Oxeye to Advance Application Security & Governance Capabilities
Rhea-AI Summary
GitLab Inc. acquires Oxeye, a cloud-native application security provider, to enhance its DevSecOps platform. The acquisition will accelerate GitLab's SAST roadmap, improve security scanning technology, and provide actionable insights for customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.63%
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acquisition
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GitLab Reports Fourth Quarter and Full Year 2024 Financial Results
Rhea-AI Summary
GitLab Inc. (GTLB) reports strong financial results with a 33% revenue increase year-over-year. The company achieved a non-GAAP operating margin of 8% in Q4 FY24. Despite a GAAP net loss per share of $(0.23), the non-GAAP net income per share was $0.15. Fiscal Year 2024 saw total revenue of $579.9 million, with a 37% increase from the previous year. GitLab highlighted key product launches, executive appointments, and award recognitions, showcasing continued growth and innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-20.99%
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earnings
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GitLab To Announce Fourth Quarter and Full Year Fiscal 2024 Financial Results
Rhea-AI Summary
GitLab Inc. (GTLB) will report its Q4 and fiscal year 2024 financial results on March 4, 2024. The company will host a Zoom conference to discuss the results.
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Rhea-AI Sentiment
End-of-Day
-0.23%
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earnings
News
Fleet Lets IT Departments Replace Broadcom's Workspace ONE With Open-Source Device Management
Rhea-AI Summary
Open-source device management pioneer Fleet announced a new version with simplified support for managing every kind of corporate device in one place: Apple, Windows, and even Linux. This release enables enterprise IT departments to consolidate and remove the need for proprietary alternatives, reducing demands on IT departments and allowing organizations to enroll their Windows and Linux devices in the same modern Mac-first platform they use to manage Apple.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.11%
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GitLab Appoints Sabrina Farmer as Chief Technology Officer
Rhea-AI Summary
GitLab Inc. appoints former Google VP of Engineering, Sabrina Farmer, as its chief technology officer (CTO). Farmer brings over 25 years of experience to lead software engineering, operations, and customer support teams for the AI-powered DevSecOps platform. She joins GitLab after a 19-year career at Google, where she was responsible for the reliability, performance, and efficiency of all billion-user products and infrastructure. Farmer is known for advocating for women in technology and holds a B.S. in Computer Science. The appointment is expected to inspire innovation and enable customers to boost speed and efficiency without sacrificing privacy, security, and compliance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.02%
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management
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GitLab Announces Pricing of GitLab Duo Pro
Rhea-AI Summary
GitLab Inc. announces the launch of GitLab Duo Pro add-on for $19 per user per month, available to all GitLab deployment options including SaaS, self-managed, and Dedicated in February 2024. The add-on combines Code Suggestions and organizational controls in a single application with a privacy- and transparency-first approach to improve team collaboration and reduce security and compliance risks of AI adoption. It features AI-powered code completion, code generation, and per user assignment controls. According to the Omdia Market Radar, GitLab places an emphasis on respecting user privacy and transparency in AI technology selection.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.58%
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GitLab Reports Third Quarter Fiscal Year 2024 Financial Results
Rhea-AI Summary
GitLab Inc. (NASDAQ: GTLB) reported a strong third quarter fiscal year 2024 with a revenue of $149.7 million, up 32% year-over-year. The company's DevSecOps Platform continues to gain traction with customers, leading to significant growth in revenue. The company also achieved its first quarter of non-GAAP operating profit and recorded positive customer growth metrics. However, the GAAP operating margin remains negative at (27%). GitLab Inc. expects a revenue of $157.0 - $158.0 million for the fourth quarter with a non-GAAP net income per share of $0.08 - $0.09.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.45%
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earnings
Stock GTLB logo
Gitlab Inc

Nasdaq:GTLB

GTLB Rankings

#885 Ranked by Market Cap
#2892 Ranked by Stock Gains
N/A Ranked by Dividends

GTLB Stock Data

9.05B
105.57M
4.71%
69.45%
2.58%
Data Processing, Hosting, and Related Services
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United States
San Francisco

About GTLB

gitlab is an open source tool used by developers to create and manage code bases collaboratively. built on git, which is a very popular and efficient distributed version control system, gitlab gives you all the tools needed for git repository management from code reviews to issue tracking and more.