secwatch.observer — SEC 8-K summary
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Issuer:     Elastic N.V. (ESTC)
CIK:        0001707753
Form:       8-K
Filed at:   2023-03-02T23:59:59+00:00
Accession:  0001707753-23-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Elastic Q3 FY2023 revenue $275M (+23% YoY); non-GAAP EPS $0.17; Q4 guidance $276-278M
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- Total revenue $275M, up 23% YoY (27% constant currency); Elastic Cloud revenue $111M, up 38% YoY (40% constant currency).
- GAAP operating loss $69M (margin -25%); non-GAAP operating income $22M (margin 8%); GAAP EPS -$0.76, non-GAAP diluted EPS $0.17.
- Subscription customers ~19,900; customers with ACV >$100k over 1,110; net expansion rate ~120%.
- Q4 FY2023 guidance: revenue $276-278M, non-GAAP operating margin 4.8-5.2%, non-GAAP EPS $0.08-0.10.
- Full-year FY2023 guidance raised: revenue $1,065-1,067M, non-GAAP operating margin ~3.3%, non-GAAP EPS $0.11-0.14.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1707753/000170775323000006/0001707753-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1707753/000170775323000006/estc-20230302.htm
  HTML page:      https://secwatch.observer/filing/0001707753-23-000006

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