Pivotal Software Inc. (PVTL) shares rose in the extended session Tuesday after the cloud-computing company topped Wall Street estimates for the quarter. Pivotal Software shares advanced 4.2% after hours, following a 1.3% decline to close the regular session at $17.80 The company reported a third-quarter loss of $34.9 million, or 13 cents a share, compared with a loss of $39.3 million, or 57 cents a share, in the year-ago period. The adjusted loss was 5 cents a share. Revenue rose to $168.1 million from $129 million in the year-ago quarter. Analysts surveyed by FactSet had forecast a loss of 8 cents a share on revenue of $164.1 million. For the fourth quarter, Pivotal expects a loss of 10 cents to 9 cents a share on revenue of $169 million to $171 million, while analysts had forecast a loss of 9 cents a share on revenue of $167.3 million.
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