secwatch.observer — SEC 8-K summary
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Issuer:     Elastic N.V. (ESTC)
CIK:        0001707753
Form:       8-K
Filed at:   2023-11-30T23:59:59+00:00
Accession:  0001707753-23-000055
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Elastic Q2 revenue $311M (+17%), non-GAAP EPS $0.37 beats guidance; cloud up 31%
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- Revenue $311M (+17% YoY); Elastic Cloud revenue $135M (+31% YoY), 43% of total revenue.
- Non-GAAP EPS $0.37 vs prior guidance of $0.30-$0.32; GAAP net loss $0.25 per share.
- Non-GAAP operating margin 13% (41M) vs 9.5% implied prior guidance; subscription customers ~20,700.
- FY2024 revenue guidance raised to $1.247-$1.253B; non-GAAP EPS raised to $1.06-$1.15.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1707753/000170775323000055/0001707753-23-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1707753/000170775323000055/estc-20231130.htm
  HTML page:      https://secwatch.observer/filing/0001707753-23-000055

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