Elastic Q3 FY2023 revenue $275M (+23% YoY); non-GAAP EPS $0.17; Q4 guidance $276-278M

Total revenue was $275 million, an increase of 23% year-over-year, or 27% on a constant currency basis • Elastic Cloud revenue was $111 million, an increase of 38% year-over-year, or 40% on a constant currency basis • GAAP operating loss was $69 million; GAAP operating margin was -25% • Non-GAAP operating income was $22 million; non-GAAP operating margin was 8% • GAAP net loss per share was $0.76; non-GAAP diluted earnings per share was $0.17

The Company is providing the following guidance for the fourth quarter of fiscal 2023 and is updating its prior full-year fiscal 2023 guidance as follows: For the fourth quarter of fiscal 2023 (ending April 30, 2023): • Total revenue is expected to be between $276 million and $278 million, representing 16% year-over-year growth at the midpoint (18% year-over-year constant currency growth at the midpoint) • Non-GAAP operating margin is expected to be between 4.8% and 5.2% • Non-GAAP earnings per share is expected to be between $0.08 and $0.10, assuming between 100 million and 101 million diluted weighted average ordinary shares outstanding For fiscal 2023 (ending April 30, 2023): • Total revenue is expected to be between $1,065 million and $1,067 million, representing 24% year-over-year growth at the midpoint (28% year-over-year constant currency growth at the midpoint) • Non-GAAP operating margin is expected to be between 3.3% and 3.4% • Non-GAAP earnings per share is expected to be be