gitlab shares surged 18 to 4190 in postmarket trading monday after the company forecast revenue and adjusted earnings pershare in the current quarter and fiscal year above analysts estimates the stock closed up 5 to 3540 in regular trading the code hosting and collaboration platform services provider forecast revenue between 129 million and 130 million as well as adjusted losses in the range of 2 cents to 3 cents in the second quarter analysts polled by factset expected 1271 million in revenue and an adjusted loss of 8 cents a share in the quarter for fiscal 2024 the company guided for revenue between 541 million to 543 million and adjusted losses in the range of 14 cents and 18 cents analysts polled by factset expected revenue of 5327 million and an adjusted loss of 26 cents a share in the fiscal year the guidance came following higher revenue and a wider loss in the latest quarter chief executive sid sijbrandij said customers look to the companys artificial intelligencepowered platform to drive efficiencies and increase productivity given ongoing macroeconomic uncertainty