🟢 Gitlab is trading 14.48% up today after earnings beat and raised FY2027 guidance

Gitlab is trading 14.48% up at $51.62 after September 1 earnings showed revenue of $286.3 million, 21% year-over-year growth and net ARR growth exceeding 40%; adjusted diluted EPS reached $0.24, ahead of expectations.

• Management raised FY2027 revenue guidance to $1.129–$1.133 billion and adjusted EPS guidance to $0.85–$0.87, citing record bookings and AI-driven demand.
• The shares are showing strong early-session buying activity despite broader software-sector weakness.