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GitLab (GTLB) shares rallied to a one-year high after the software company topped earnings expectations and raised guidance, with revenue jumping nearly 32%. CEO Sid Sijbrandij joins Yahoo Finance’s Seana Smith at the Barclays Global Tech Conference to discuss the tech drivers behind rising software demand. Sijbrandij attributes momentum to"software eating the world," however they often rely on many different applications. By consolidating onto a unified GitLab platform, he says businesses can slash costs and accelerate workflows up to seven times faster through seamless integration. Despite reaching profitability for the first time this year, Sijbrandij expresses confidence in sustained earnings amid robust top-line expansion. He also highlights integrating AI capabilities like code suggestions and error-fixing to "revolutionize" developer efficiency — part of GitLab's widening platform edge. #youtube #Gitlab #stockmarket About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. Get the latest news and data at finance.yahoo.com Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) Follow Yahoo Finance on social: X: / yahoofinance Instagram: https://www.instagram.com/yahoofinanc... TikTok: https://www.tiktok.com/@yahoofinance?... Facebook: / yahoofinance LinkedIn: / yahoo-finance