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GTLB shares surge nearly 21% premarket after strong Q2 results

GitLab (GTLB) stock surged nearly 21% in premarket trading after reporting strong fiscal second-quarter results, including 21% revenue growth and rising net ARR, plus record gross bookings and early Flex traction.

GTLB

GitLab (GTLB) stock surged nearly 21% in premarket trading on Wednesday after the software company reported strong fiscal second-quarter (Q2) results, including 21% revenue growth and rising net ARR.

Record gross bookings, stronger customer demand and early traction for its Flex offering further bo…