earnings
confidence high
sentiment positive
materiality 0.80
Elastic Q2 revenue $206M (+42% YoY); Elastic Cloud up 84%; raises FY22 guidance
Elastic N.V.
2023-Q2 EPS reported
-$0.89
revenue$399,075,000
- Q2 revenue $206.0M, up 42% YoY; Elastic Cloud revenue $69.0M, up 84% YoY.
- GAAP operating loss $37.2M (margin -18%); non-GAAP operating profit $1.4M (margin 1%).
- GAAP net loss per share $0.51; non-GAAP loss per share $0.09.
- FY22 revenue guidance raised to $826-832M; Q3 guidance $207-209M.
- Subscription customers over 17,000; >830 with ACV >$100k; net expansion near 130%.