• GitLab Inc GTLB.OQ reported quarterly adjusted earnings of 33 cents​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of 15 cents. The mean expectation of twenty six analysts for the quarter was for earnings of 23 cents per share. Wall Street expected results to range from 22 cents to 24 cents per share.

• Revenue rose 29.1% to $211.43 million from a year ago; analysts expected $206.12 million.

• GitLab Inc's reported EPS for the quarter was 6 cents​.

• The company reported quarterly net income of $10.78 million.

• GitLab Inc shares had risen by 6.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 58.5% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 26 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for GitLab Inc is $80.00

This summary was machine generated from LSEG data March 4 at 12:22 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)