secwatch.observer — SEC 8-K summary
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Issuer:     Elastic N.V. (ESTC)
CIK:        0001707753
Form:       8-K
Filed at:   2021-08-25T23:59:59+00:00
Accession:  0001707753-21-000035
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Elastic Q1 revenue $193.1M (+50% YoY); Cloud revenue $61.5M (+89%); guides FY22 rev $808-814M
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1707753/000170775321000035/0001707753-21-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1707753/000170775321000035/estc-20210825.htm
  HTML page:      https://secwatch.observer/filing/0001707753-21-000035

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer