Summary by Moomoo AI
Gitlab announced the resignation of Chief Revenue Officer Christopher Weber, effective August 4, 2024. Ashley Kramer, the current Chief Marketing and Strategy Officer, will assume the additional role of Interim CRO effective August 5, 2024, while the company searches for a permanent successor. Kramer has served as CMO since March 2022, with prior experience at Sisense and Alteryx.The company reaffirmed its financial guidance for Q2 and FY2025. For Q2 FY2025, Gitlab expects revenue of $176-177 million and non-GAAP operating income of $10-11 million, with projected earnings per share of $0.09-0.10. Full-year FY2025 guidance remains at $733-737 million in revenue, with non-GAAP operating income of $34-38 million and earnings per share of $0.34-0.37.