Stock Track | GitLab Plunges 9.18% After-Hours on Q3 Loss and New CFO Appointment

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GitLab Inc. (GTLB) shares plummeted 9.18% in after-hours trading on Tuesday following the release of its third-quarter fiscal 2026 earnings report. The sharp decline came despite the company posting a 25% year-over-year revenue increase to $244.4 million, which beat analyst estimates.

The software-development tools provider swung to a GAAP loss of $8.3 million, or 5 cents per share, compared to a profit of $29.1 million in the same quarter last year. While adjusted earnings of 25 cents per share exceeded expectations, investors appeared focused on the unexpected loss and the company's mixed guidance for the current quarter.

Adding to the uncertainty, GitLab announced the appointment of Jessica Ross as its new Chief Financial Officer, effective January 15, 2026. Ross, formerly CFO of Frontdoor, brings extensive experience but her arrival during a transitional period may have contributed to investor caution.

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(GTLB) shares plummeted 9.18% in after-hours trading on Tuesday following the release of its third-quarter fiscal 2026 earnings report. The sharp decline came despite the company posting a 25% year-over-year revenue increase to $244.4 million, which beat analyst estimates.</p><p>The software-development tools provider swung to a GAAP loss of $8.3 million, or 5 cents per share, compared to a profit of $29.1 million in the same quarter last year. While adjusted earnings of 25 cents per share exceeded expectations, investors appeared focused on the unexpected loss and the company's mixed guidance for the current quarter.</p><p>Adding to the uncertainty, GitLab announced the appointment of Jessica Ross as its new Chief Financial Officer, effective January 15, 2026. 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(GTLB) shares plummeted 9.18% in after-hours trading on Tuesday following the release of its third-quarter fiscal 2026 earnings report. The sharp decline came despite the company posting a 25% year-over-year revenue increase to $244.4 million, which beat analyst estimates.</p><p>The software-development tools provider swung to a GAAP loss of $8.3 million, or 5 cents per share, compared to a profit of $29.1 million in the same quarter last year. While adjusted earnings of 25 cents per share exceeded expectations, investors appeared focused on the unexpected loss and the company's mixed guidance for the current quarter.</p><p>Adding to the uncertainty, GitLab announced the appointment of Jessica Ross as its new Chief Financial Officer, effective January 15, 2026. Ross, formerly CFO of Frontdoor, brings extensive experience but her arrival during a transitional period may have contributed to investor caution.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GTLB","symbol_name":"GitLab, Inc.","start_time":0,"source_url":"","article_id":"1150328635","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1150328635","pubTimestamp":1764711176,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"GitLab Inc. (GTLB) shares plummeted 9.18% in after-hours trading on Tuesday following the release of its third-quarter fiscal 2026 earnings report. 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