Reported a 45% year-over-year revenue increase to $126.9 million.
Significant improvement in non-GAAP operating margin by approximately 1,700 basis points.
GitLab's AI-powered DevSecOps platform emphasized as a key factor in the company's success.
Company's strong focus on AI capabilities to enhance the entire software development lifecycle.
Poised to capitalize on an estimated $40 billion total addressable market.

GitLab is an AI-powered DevSecOps platform that streamlines the entire software development life cycle. It integrates and automates processes from project planning and source code management to CI/CD, monitoring, and security. This comprehensive platform enhances collaboration across development, operations, and security teams, enabling faster software delivery without compromising security. It provides tools for efficient automation, code suggestions, and managing security risk, aiming to reduce cycle times and maintenance efforts. Trusted by industry leaders, GitLab supports cloud-native, multi-cloud, and legacy environments, emphasizing an open-source community and continuous investment in its platform.

Gitlab

Comprehensive AI-powered DevSecOps platform for faster, secure software delivery.

GitLab Announces Q1 FY 2024 Financial Growth

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