Investing.com - Gitlab reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Gitlab announced earnings per share of $-0.10 on revenue of $113M. Analysts polled by Investing.com EPS of $-0.15 on revenue of $106.04M.
Gitlab 's are down 55% and is trading at $41.70 , still down 60.82% from its 52 week high of $97.82 set on Wednesday, December 22, 2021.
Gitlab shares gained 8.79% to trade at $41.70 in after-hours trade the report.
Gitlab follows other major Information Technology sector earnings this month
Gitlab's report follows an earnings missed by NVIDIA on Wednesday, November 16, 2022, who reported EPS of $0.58 on revenue of $5.93B, EPS of $0.71 on revenue of $5.8B.
Cisco had beat expectations on Wednesday, November 16, 2022 with first quarter EPS of $0.86 on revenue of $13.6B, for EPS of $0.84 on revenue of $13.29B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar