GitLab reports Q1 revenue up 45% YoY to $126.9M vs. $117.8M est., 2024 revenue guidance above estimates, and unveils generative AI plans; GTLB jumps 30%+ (Jordan Novet/CNBC)

GitLab reports Q1 revenue up 45% YoY to $126.9M vs. $117.8M est., 2024 revenue guidance above estimates, and unveils generative AI plans; GTLB jumps 30%+ (Jordan Novet/CNBC)

Jordan Novet / CNBC:
GitLab reports Q1 revenue up 45% YoY to $126.9M vs. $117.8M est., 2024 revenue guidance above estimates, and unveils generative AI plans; GTLB jumps 30%+  —  – GitLab beat on the top and bottom lines and increased its full-year guidance.  — The company plans to sell a generative artificial intelligence add-on.