GitLab falls on downbeat quarterly revenue forecast
03/09/2025 23:25
** Shares of software development platform GitLab GTLB.O fall about 8% to $43.08, lowest since May 12 ** Company expects Q3 revenue between $238 mln and $239 mln, below analysts' expectations of $241.5 mln ** Company reports net loss attributable of $9.2 mln for the quarter, vs profit of $12.9 mln reported a year ago ** As of last close, stock down 16.81% YTD (Reporting by Simone Lobo in Bengaluru)