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What Wall Street Thinks About Its New CEO. -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2489378382","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489378382?lang=en_us&edition=fundamental","pubTime":"2024-12-06 23:51","pubTimestamp":1733500260,"startTime":"0","endTime":"0","summary":"GitLab stock was rising Friday after the software company posted better-than-expected earnings and announced a leadership transition.GitLab reported adjusted earnings of 23 cents a share, beating the FactSet consensus estimate of 16 cents. Total revenue increased to $196 million, up 31% from a year prior and surpassing Wall Street's forecast of $187.9 million.In a separate announcement, GitLab reported that Sid Sijbrandij would be stepping down as CEO to focus on cancer treatment.Sijbrandij co-founded the company in 2012 and will serve as executive chair of GitLab's board. In a social media post, Sijbrandij shared that he was \"working towards making a full recovery.\". GitLab raised its full-year guidance on the back of strong earnings. The company now anticipates adjusted per-share earnings between 63 cents and 64 cents on revenue between $753 million and $754 million. GitLab previously projected earnings of 47 cents on revenue of $744 million.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["GTLB"],"gpt_icon":0},{"id":"2489525835","title":"GitLab Smashes Earnings, Boosts Guidance, and Sparks an 8% Stock Surge","url":"https://stock-news.laohu8.com/highlight/detail?id=2489525835","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489525835?lang=en_us&edition=fundamental","pubTime":"2024-12-06 23:44","pubTimestamp":1733499891,"startTime":"0","endTime":"0","summary":"GitLab  just lit up Wall Street with a blowout Q3 FY 2025, smashing expectations and fueling a stock rally. Revenue shot up 31% year-over-year to hit $196 million, outpacing analyst predictions of nearly $188 million. Earnings per share?A crisp $0.23, blowing past forecasts by $0.08 and marking a whopping 156% surge. The secret sauce?GitLab's all-in-one DevSecOps platform, which is becoming the go-to for over half of the Fortune 100. Oh, and did we mention that operating margins hit 13%, up from just 3% last year?Investors are clearly paying attentionthe stock is up over 8% in premarket trading.Adding to the drama, co-founder and CEO Sid Sijbrandij announced he's stepping down to focus on his cancer treatment, handing the reins to Bill Staples, former CEO of New Relic. While this leadership shake-up adds a layer of uncertainty, it doesn't overshadow GitLab's momentum. Investors are buzzing about how the company's AI and security plays could redefine the DevSecOps spaceand keep GitLab c","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/gitlab-smashes-earnings-boosts-guidance-154451002.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["GTLB"],"gpt_icon":0},{"id":"2489166234","title":"GitLab price target raised to $80 from $73 at RBC Capital","url":"https://stock-news.laohu8.com/highlight/detail?id=2489166234","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489166234?lang=en_us&edition=fundamental","pubTime":"2024-12-06 23:20","pubTimestamp":1733498409,"startTime":"0","endTime":"0","summary":"RBC Capital analyst Matthew Hedberg raised the firm’s price target on GitLab (GTLB) to $80 from $73 and keeps an Outperform rating on the shares. T...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/gitlab-price-target-raised-to-80-from-73-at-rbc-capital?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/gitlab-price-target-raised-to-80-from-73-at-rbc-capital?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["GTLB"],"gpt_icon":0},{"id":"2489835252","title":"Gitlab Maintains Strong Growth Momentum After Fiscal Q3 Beat, RBC says","url":"https://stock-news.laohu8.com/highlight/detail?id=2489835252","media":"MT Newswires 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Cl A  was up 23.0% in pre-market trading, and DocuSign Inc.  was up 12.6%.Ulta Beauty Inc. , GitLab Inc. Cl A , and lululemon athletica inc.  were all posting gains of at least 9%. In early trading, Samsara Inc.  and Stevanato Group S.p.A.  had posted declines, falling 9.9% and 5.7%, respectively.Meanwhile S&P 500 futures were down 0.07%, with futures for the Dow Jones Industrial Average falling 0.07%. The Cboe Volatility Index futures were down 0.82%.In commodities news, Brent crude oil futures were down 0.86%, while gold futures were up 0.52%. Bitcoin fell 1.00% to $98,143.In the previous regular trading session, the S&P 500 and the Dow were down 0.19% and 0.55%, respectively. 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