BTCC
/
BTCC Square
/
Global Cryptocurrency
/
GitLab Stock Drops Despite Q2 Earnings Beat Amid CFO Exit and Soft Revenue Outlook
GitLab Stock Drops Despite Q2 Earnings Beat Amid CFO Exit and Soft Revenue Outlook
19
3
BTCCSquare news:
GitLab shares fell 8.3% in pre-market trading after the company reported mixed results for Q2 FY26. While revenue grew 29% year-over-year to $236 million—beating estimates—investors focused on the impending departure of CFO Brian Robins and a cautious full-year revenue outlook.
The DevSecOps platform provider posted adjusted EPS of $0.24, a 60% increase that surpassed analyst expectations. Key metrics showed strength, with remaining performance obligations up 32% and enterprise customer growth of 25%. Yet market reaction underscores how leadership stability often outweighs financial performance in tech valuations.
By:
