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Software Developer

All articles tagged with #software developer

"HashiCorp's Stock Soars Amid Sale Consideration Report"

Originally Published 1 year ago — by CNBC

HashiCorp's shares surged 12% in extended trading following reports that the software developer is exploring a potential sale, with an outside firm engaged to gauge interest from potential buyers. The company's stock has struggled since its late 2021 Nasdaq debut, currently trading 67% below its IPO price, and its latest quarter saw a slowdown in revenue growth to 15%. CEO David McJannet acknowledged the company's need to catch up in its growth cycle, while co-founder Mitchell Hashimoto recently announced his departure from the company.

business business business hashicorp revenue-growth sale-consideration software-developer stock-market

"GitLab's Stock Plunge: Investors Disappointed by Forecast and AI Frenzy"

Originally Published 1 year ago — by Yahoo Finance

GitLab's shares dropped 16% after the company forecasted full-year 2025 revenue and profit below Wall Street estimates, citing a cautious spending environment due to an uncertain economy. The company's CFO expects a "less conservative" approach to forecasts as it enters its third year as a public firm. Despite stable growth predictions, the stock is set to lose about $1.9 billion from its market value. GitLab's revenue projections for the first quarter and fiscal year 2025 fell below analysts' expectations, with the company warning that the projection does not include a potential price hike.

business business-technology business-technology gitlab pricing-strategy revenue-forecast software-developer stock-market