GitLab Beats Expectations, Stock Dips: What's Next?

GitLabs Q3 earnings beat expectations, with $244.4M revenue and 25c EPS, but investors focused on slowdown in US public sector, leading to stock dip. CEO Bill Staples acknowledged public sector challenges, but highlighted strong Ultimate subscription adoption and platform usage growth. GitLab raised full-year adjusted EPS guidance, with analysts eyeing Duo Agent platform monetization and public sector stabilization. Stock trades lower post-earnings, sparking investment debate.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.