earnings
confidence high
sentiment positive
materiality 0.75
Elastic Q1 revenue $193.1M (+50% YoY); Cloud revenue $61.5M (+89%); guides FY22 rev $808-814M
Elastic N.V.
2023-Q1 EPS reported
-$0.38
revenue$193,095,000
- Q1 total revenue $193.1M, up 50% YoY; Elastic Cloud revenue $61.5M, up 89% YoY.
- GAAP operating loss $31.0M; non-GAAP operating profit $7.2M (4% margin).
- GAAP net loss per share $0.38; non-GAAP EPS $0.04.
- Subscription customers over 16,000; ACV >$100K customers over 780; net expansion rate slightly below 130%.
- Q2 FY22 rev guidance $193-195M; FY22 rev guidance $808-814M; non-GAAP op margin -4% to -3%.