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GitLab Surges on Q2 Beat and Raise Driven by Booming AI Software Demand

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • GitLab shares surged over 11% following a beat-and-raise fiscal Q2 report.
  • Revenue reached $286.3 million, up 21% year over year, while full-year revenue and EPS guidance were upgraded amid strong demand for AI-powered software development tools.
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