GitLab shares drop as 'less conservative' forecast disappoints investors
The Star Online - Tech·2024-03-05 21:00
(Reuters) - GitLab shares fell 24% on Tuesday after the software developer forecast full-year 2025 revenue and profit below Wall Street estimates, citing a cautious spending environment due to an uncertain economy.
Still, analysts and investors believe the forecast for fiscal year 2025 to be cautious and expect stable growth.
……Read full article on The Star Online - Tech
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