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.@GitLab's revenue outlook comes up short and its stock gets hammered - by @M_Wheatley on @SiliconANGLE https://t.co/3CbQjwbaNG >> Simply put, too little trickles down from revenue growth to profit growht - or here loss reduction. R&D cost up is the only justifiable. #Earnings
.@GitLab’s revenue outlook comes up short and its stock gets hammered https://t.co/ewrdN5IKVc @SiliconANGLE @Mike_Wheatley “But with two more quarters like this, GitLab would likely make a profit for the first time. However, artificial intelligence is…” - @holgermu https://t.co/Lh5XtdpeWV
.@GitLab’s revenue outlook is short and its stock gets hammered https://t.co/KLhC5J9UJo @SiliconANGLE @Mike_Wheatley “But with two more quarters like this, GitLab would likely make a profit for the first time. However, artificial intelligence is…” - @holgermu @constellationr
GitLab Inc. reported a revenue outlook that fell short of market expectations, leading to a sharp decline in its stock price by 12% in pre-market trading. Analysts noted that while the company is close to achieving profitability, with two more quarters of similar performance potentially resulting in its first profit, the current revenue growth is insufficient to substantially reduce losses. The increase in research and development expenses was cited as the primary factor justifying the limited profit improvement. Additionally, the impact of artificial intelligence on GitLab's financial performance was mentioned but not elaborated upon.
