Investing.com -- Gitlab Inc (NASDAQ: GTLB ) reported fourth-quarter earnings above Wall Street expectations on Monday, but its full-year profit forecast fell short of estimates, sending shares down 3.2% in extended trading.

The DevOps platform provider posted adjusted quarterly earnings per share of $0.33, beating analysts’ estimates of $0.23.

Revenue rose to $211.4 million for the quarter ended Jan. 31, also surpassing expectations of $206.15 million.

GitLab expects adjusted earnings per share of $0.14 to $0.15, for the first quarter, which is in line with the consensus estimate of $0.15. It forecast revenue of $212 million to $213 million, compared with analysts’ average estimate of $212.4 million.

However, the company’s full-year fiscal 2026 earnings guidance of $0.68 to $0.72 per share came in below analysts’ expectation of $0.81. It projected revenue between $936 million and $942 million, slightly below the consensus estimate of $941.8 million.