earnings
confidence high
sentiment positive
materiality 0.75
Elastic Q3 revenue $223.9M (+43% YoY); Cloud surges 79%; guides Q4 $230-232M
Elastic N.V.
2023-Q3 EPS reported
-$1.50
revenue$623,019,000
- Total revenue $223.9M, up 43% YoY; Elastic Cloud revenue $80.4M, up 79% YoY (80% constant currency).
- GAAP operating loss $45.8M; non-GAAP operating profit $0.2M. GAAP net loss per share $0.61; non-GAAP loss $0.12.
- Subscription customer count over 17,900 (vs 13,800 YoY); customers with >$100K ACV over 890 (vs 670 YoY).
- Q4 FY22 revenue guidance $230-232M; non-GAAP op margin -5.5% to -4.5%; non-GAAP net loss per share $(0.24)-(0.20).
- Full FY22 revenue guidance $853-855M; non-GAAP op margin -0.4% to -0.2%; non-GAAP net loss per share $(0.42)-(0.38).