Elastic Q1 FY24 revenue $294M, up 17% YoY; non-GAAP EPS $0.25; FY24 guidance rev $1.242-$1.250B

Elastic N.V.

2025-FY EPS reported -$0.50 vs consensus $0.59 ▼ miss (-185.1%)

Q1 revenue $294M, up 17% YoY (17% constant currency); Elastic Cloud revenue $121M, up 24%.
GAAP operating loss $36M (margin -12%); non-GAAP operating income $29M (margin 10%); GAAP loss per share $0.50; non-GAAP diluted EPS $0.25.
Customer count ~20,500; customers with ACV >$100k ~1,190; Net Expansion Rate ~113%.
Guidance: Q2 FY24 revenue $303-305M (15% YoY growth); FY24 revenue $1.242-1.250B (17% YoY).
Appointed Joanna Daly as CHRO; won Microsoft, Google Cloud, and AWS partner awards.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Elastic N.V. reported first quarter of fiscal 2024 ended July 31, 2023 results: revenue $294 million, EPS GAAP net loss per share was $0.50; non-GAAP diluted earnings per share was $0.25.

Period: first quarter of fiscal 2024 ended July 31, 2023
Revenue: $294 million
EPS: GAAP net loss per share was $0.50; non-GAAP diluted earnings per share was $0.25
Result: reported results

Exact text from the filing

Elastic Reports First Quarter Fiscal 2024 Financial Results Q1 Revenue of $294 million, up 17% year-over-year (17% in constant currency)

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Elastic N.V. filing history →

Source: SEC EDGAR

accession 0001707753-23-000044

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