secwatch.observer — SEC 8-K summary
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Issuer:     Elastic N.V. (ESTC)
CIK:        0001707753
Form:       8-K
Filed at:   2022-08-25T23:59:59+00:00
Accession:  0001707753-22-000041
Event type: earnings
Sentiment:  positive
Materiality: 0.78
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Elastic Q1 revenue up 30% to $250.1M; Cloud revenue +59%; raises constant-currency FY outlook
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- Total revenue $250.1M, +30% YoY (+34% constant currency); Elastic Cloud $97.7M, +59% YoY.
- GAAP net loss per share $0.74; non-GAAP net loss per share $0.15; operating cash flow -$9.7M; adjusted free cash flow +$1.7M.
- Customer count >19,300; >1,010 customers with ACV >$100k; Net Expansion Rate ~130%.
- Appointed Ken Exner (ex-AWS) as CPO; Sohaib Abbasi as Vice Chair of Board.
- Q2 FY23 revenue guidance $260-262M; FY23 guidance $1,080-1,086M (midpoint unchanged); raising constant-currency growth view.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1707753/000170775322000041/0001707753-22-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1707753/000170775322000041/estc-20220825.htm
  HTML page:      https://secwatch.observer/filing/0001707753-22-000041

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