come out in

[Kotfor]

What does it exactly mean?

They came out last in the match.

1) They lost the game.
2) They just left the game.
3) Something else?

[Gillnetter]

The winner came out first, the loser came out last.

[SoothingDave]

I don't think I've ever read such a thing before. Someone might come in first or last or fifth in a competition among numerous people (like a marathon).