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00:02GitLab reported fourth quarter adjusted earnings of $0.30 per share on $260.4 million in revenue,
00:09beating analyst estimates of $0.23 per share and $252.21 million, according to Benzinga.
00:16Revenue rose from $211.43 million in the prior year.
00:21The board authorized a $400 million share repurchase program.
00:25CEO Bill Staples said GitLab plays a central role in enterprise software development
00:30and that its new GitLab Duo Agent platform adds AI-driven coordination across the software
00:36lifecycle to drive major productivity gains.
00:39GitLab forecast fiscal 2027 adjusted EPS of $0.76 to $0.80 on revenue of $1.1 billion to $1
00:47.12
00:48billion, below estimates of $1.05 per share and $1.12 billion.
00:53Shares fell 4.87% to $25.40 in extended trading.
00:59Shares were up by 1.95% at $26.70 at Tuesday's close, according to data from Benzinga Pro.
01:07For all things money, visit Benzinga.com.
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