** GitLab's GTLB.O shares rise 7.3% to $70.87 aftermarket

** Co reports Q3 revenue of $196 mln vs analysts' estimates of $187.9 mln — LSEG

** Posts Q3 adj. EPS of 24 cents, beating estimates of 16 cents

** GTLB expects its FY24 revenue to be between $753 mln and $754 mln, analysts' on average expect a revenue of $744.1 mln

** On an adjusted basis it expects its FY profit to be between 63 cents and 64 cents, above Street's estimates of 47 cents

** CEO Sid Sijbrandij steps down and transitions to executive chair of the board, co appoints Bill Staples as new CEO

** 25 of 28 brokerages rate the stock "buy" or higher, 3 "hold"; their median PT is $70

** Including session's moves, stock up 4.8% YTD

(Reporting by Abhinav Parmar in Bengaluru)

((abhinav.parmar@thomsonreuters.com))