gitlab inc shares rallied in the extended session monday after the devops software company’s quarterly results and forecast surpassed wall street expectations gitlab gtlb shares rallied more than 15 after hours following a 71 decline in the regular session to close at 3833 the company reported a thirdquarter loss of 485 million or 33 cents a share compared with a loss of 412 million or 62 cents a share in the yearago period the adjusted loss which excludes stockbased compensation expenses and other items was 10 cents a share compared with 34 cents a share in the yearago period revenue rose to 113 million from 668 million in the yearago quarter analysts surveyed by factset had forecast a loss of 15 cents a share on revenue of 106 million gitlab forecast an adjusted fourthquarter loss of 15 cents to 14 cents a share on revenue of 119 million to 120 million and an adjusted loss of 56 cents to 55 cents a share on revenue of 4205 million to 4215 million for the year analysts had estimated a loss of 17 cents a share on revenue of 1193 million for the fourth quarter and a loss of 65 cents a share on revenue of 4128 million for the year gitlab went public in october 2021 with shares pricing at 77 apiece