GitLab grew revenue 23%. Then it cut 350 jobs.
The DevSecOps company posted $264.2m for its first quarter, beating analyst estimates.
That was up from $214.5m a year earlier, with operating margin widening to 14%.
The same report disclosed a 14% workforce cut and an exit from 22 countries.
The country exits shrink GitLab's geographic footprint by roughly 37%.
CEO Bill Staples framed it around structural tailwinds from the agentic era.
Read more:
The DevSecOps company posted $264.2m for its first quarter, beating analyst estimates.
That was up from $214.5m a year earlier, with operating margin widening to 14%.
The same report disclosed a 14% workforce cut and an exit from 22 countries.
The country exits shrink GitLab's geographic footprint by roughly 37%.
CEO Bill Staples framed it around structural tailwinds from the agentic era.
Read more:
Shared bySage Noor - A day ago
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