GitLab Inc Q2 2025 Earnings Call Summary - Thomson StreetEvents

GitLab Inc Q2 2025 Earnings Call Summary

GitLab Inc Q2 2025 Earnings Call Summary - Thomson StreetEvents
GitLab Inc Q2 2025 Earnings Call Summary
Published Sep 03, 2024
16 pages (7816 words) — Published Sep 03, 2024
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of GTLB.OQ earnings conference call or presentation 3-Sep-24 8:30pm GMT

  
Brief Excerpt:

...A. Second-quarter revenue increased 31% year over year to $183 million, driven by new logos like Delaware North and Guild Mortgage, as well as expansion by existing customers. B. Our non-GAAP operating margin also meaningfully exceeded our expectations in the quarter, increasing over 1,300 basis points year over year to 10%. C. Our customers are excited about the meaningful productivity and security benefits of GitLab Duo, which has demonstrated up to 90% reduction in time spent on toolchain operations, 50% faster lead time, and 50% faster vulnerability detection. D. Barclays purchased GitLab Duo seats this quarter, coupled with additional Ultimate licenses. E. GitLab Duo is KeyBank's first approved AI technology due to our focus on transparency and privacy first. F. According to Gartner, by 2027, the number of platform engineering teams using AI to augment every phase of the SDLC will have increased from 5% to G. Our new Forrester study on the total economic impact of GitLab Ultimate found...

  
Report Type:

Brief

Source:
Company:
Gitlab Inc
Ticker
GTLB.OQ
Time
8:30pm GMT
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
Thomson StreetEvents. "GitLab Inc Q2 2025 Earnings Call Summary" Sep 03, 2024. Alacra Store. May 12, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2025-GitLab-Inc-Earnings-Call-B16097531>
  
APA:
Thomson StreetEvents. (2024). GitLab Inc Q2 2025 Earnings Call Summary Sep 03, 2024. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2025-GitLab-Inc-Earnings-Call-B16097531>
  
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