GitLab stock jumped as much as 18% in extended trading on Monday after the developer-tools software maker announced fiscal third-quarter results and quarterly guidance that impressed Wall Street.
Here's how the company did, compared with consensus of estimates among analysts polled by LSEG, formerly known as Refinitiv:Earnings: 9 cents per share, adjusted, vs. loss of 1 cent per share expected.
9 cents per share, adjusted, vs. loss of 1 cent per share expected.
Revenue: $149.7 million, vs. $141.5 million expected.
Excluding the after-hours move, GitLab stock is up 16% so far this year, while the S&P 500 stock index has gained 19% over the same period.
Persons:
Wall, GitLab, Brian Robins, Sid Sijbrandij, GitLab's, Robins, Sijbrandij, LSEG
Organizations:
LSEG, Revenue, Microsoft, Amazon Web Services, AWS