GitLab reports Q1 revenue of $87.4M, up 75% YoY, net loss of $26.1M, down from $27.9M YoY, customers with $100K+ of ARR jumped to 545, up 68% YoY; stock up 23%+ (Mike Wheatley/SiliconANGLE)

Mike Wheatley / SiliconANGLE:

GitLab reports Q1 revenue of $87.4 million, up 75% year-on-year, net loss of $26.1 million, down from $27.9 million year-over-year, customers with ARR from $100k or more grew to 545, up 68% year-on-year; up 23% +– Shares of DevOps company GitLab Inc. surged in extended trading today after reporting fiscal first quarter earnings and revenue…

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