Welcome to our dedicated page for Gitlab news (Ticker: GTLB), a resource for investors and traders seeking the latest updates and insights on Gitlab stock.
GitLab Inc. (NASDAQ: GTLB) is an all-remote company that provides what it describes as the most comprehensive, intelligent DevSecOps platform for software innovation. This news page aggregates Business Wire and other disclosures where GitLab reports on its financial performance, leadership changes, product developments, and AI strategy.
Recent news releases highlight GitLab’s focus on AI-native DevSecOps, including the GitLab Duo Agent Platform, which brings agentic AI capabilities into the GitLab platform for human-AI collaboration across the software development lifecycle. The company also reports third-party recognition, such as being named a Leader in the Gartner Magic Quadrant for AI Code Assistants, and discusses enhancements to application security and workflow automation.
Investors and technology professionals can use this feed to follow GitLab’s quarterly financial results, non-GAAP financial measures, operating metrics like annual recurring revenue and dollar-based net retention rate, and updates on strategic collaborations, such as its three-year strategic collaboration agreement with Amazon Web Services to expand access to GitLab Dedicated for regulated industries and the public sector.
GitLab also issues news about executive appointments, including roles such as Chief Financial Officer, Chief Technology Officer, Chief Product and Marketing Officer, and Chief Information Officer, along with participation in technology and investor conferences. Bookmark this page to monitor the latest official announcements that explain how GitLab is evolving its DevSecOps and AI capabilities and how those developments relate to its GTLB stock and broader business trajectory.
GitLab (NASDAQ: GTLB) announced that CFO Brian Robins will present at the Needham Growth Conference on January 12, 2023, at 11:00 AM ET. This fireside chat will be streamed live, and a replay will be accessible on GitLab's investor relations page. GitLab is renowned for its all-in-one DevSecOps platform, enabling organizations to innovate, manage, and deliver software efficiently.
With one interface and cloud-agnostic capabilities, GitLab supports teams in translating business visions into reality, enhancing customer service and retention.
GitLab Appoints Mark Porter to Board
GitLab has announced the appointment of Mark Porter, former CTO of MongoDB, as a new independent director on its Board. With extensive experience in databases from companies like Grab, AWS, and Oracle, Porter will enhance GitLab's product strategy, particularly in DevSecOps, MLOps, and DataOps. His insights are expected to support GitLab's mission to streamline software development. Additionally, GitLab recently introduced four major product solutions, including a single-tenant SaaS and a collaboration with Google Cloud.
GitLab Inc. (NASDAQ: GTLB) reported a strong third quarter for fiscal year 2023, achieving $113.0 million in revenue, a 69% year-over-year increase. Despite a GAAP net loss per share of $(0.33), the company demonstrated improving margins with a non-GAAP loss of $(0.10), a significant improvement from the previous year. Key metrics included a dollar-based net retention rate exceeding 130% and a growth in high-value customers, indicating robust demand for its DevSecOps platform. GitLab also provided positive guidance for the next quarter, expecting revenues between $119.0 - $120.0 million.
GitLab has announced that Brian Robins, Chief Financial Officer, will present at the UBS Global TMT Conference on December 7, 2022, at 10:50 am ET. The presentation will be a fireside chat and can be accessed via a live webcast. This event highlights GitLab’s commitment to transparency and engagement with investors.
GitLab is recognized as the DevSecOps platform for software innovation, offering unified tools for development, security, and operations in a cloud-agnostic environment. Webcast replays will be available on GitLab's investor relations site.
GitLab Inc. has announced the limited availability of GitLab Dedicated, a new single-tenant SaaS solution designed to enhance operational efficiency and security for enterprises. This offering addresses complex compliance needs with a focus on data residency and private networking, catering to regulated industries like government and finance. GitLab Dedicated enables organizations to utilize GitLab’s DevSecOps platform with reduced infrastructure management overhead, promising shorter cycle times, lower costs, and improved security. The solution supports evolving global data protection policies while ensuring compliance.
GitLab Inc (NASDAQ: GTLB) will have its CEO and Co-Founder, Sid Sijbrandij, present at GitLab Connect Japan 2022. The keynote is scheduled for November 29, 2022, at 9:00 am Japan Standard Time, and will be available for viewing until 9:00 am Japan Standard Time on November 30, 2022. The event aims to showcase GitLab as a leading DevSecOps platform, emphasizing its cloud-agnostic features and comprehensive capabilities in software innovation.
GitLab Inc. (NASDAQ: GTLB) is set to announce its financial results for Q3 FY2023, concluding October 31, 2022, on December 5, 2022, post-market close. The results will be discussed during a Zoom video conference starting at 4:30 p.m. EST. Investors can register for the call via GitLab's Investor Relations website. GitLab continues to position itself as a comprehensive DevSecOps platform, integrating various functionalities into a unified interface aimed at enhancing software innovation.
GitLab Inc announced enhancements to its Security and Governance solution during KubeCon + CloudNativeCon North America on October 25, 2022. These updates help organizations integrate security into the software development lifecycle, aiming to meet increasing regulatory demands. The 2022 Global DevSecOps Survey noted a significant shift towards prioritizing security, with 57% of security professionals focusing on proactive measures. Key features include enhanced vulnerability management, security policy management, and upcoming capabilities for supply chain integrity, aimed at reducing security risks while maintaining development speed.
GitLab Inc. has launched Cloud Seed in collaboration with Google Cloud to enhance cloud adoption and app modernization. Announced during Google Cloud Next on October 11, 2022, Cloud Seed streamlines the developer experience by integrating cloud services into GitLab's platform. It aims to facilitate quicker cloud migration while optimizing operational efficiency for users. This initiative aligns with GitLab’s mission to support cloud transformation, helping organizations scale effectively.
GitLab Inc. (NASDAQ: GTLB) has launched TeamOps, a new management discipline aimed at enhancing teamwork across various work environments. This certification highlights the importance of objective decision-making and shared knowledge. It focuses on empowering all team members to contribute to business outcomes, optimizing knowledge retrieval, and speeding up decision-making processes. GitLab's certification is free and open to the public, reflecting its mission to foster collaborative and efficient work practices.