Elastic Q3 revenue $328M (+19% YoY); Cloud revenue +29%; Non-GAAP EPS $0.36

Elastic N.V.

2024-Q3 EPS reported $1.00 revenue$932,322,000

Q3 revenue $328M (+19% YoY); Elastic Cloud revenue $143M (+29% YoY). GAAP operating loss $26M; non-GAAP operating income $43M.
Non-GAAP diluted EPS $0.36; GAAP diluted EPS $1.69 (including one-time items). Cash and securities $1.015B.
Customers with ACV >$100K grew to 1,270 (up from 1,110 YoY); total subscription customers ~20,800.
Appointed Mark Dodds as Chief Revenue Officer to lead customer-facing functions.
Q4 FY2024 guidance: revenue $328-330M, non-GAAP EPS $0.18-0.20; FY2024 revenue ~$1.26B (+18% YoY).

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Elastic N.V. reported third quarter of fiscal 2024 ended January 31, 2024 results: revenue $328 million, EPS $1.69. Guidance initiated.

Period: third quarter of fiscal 2024 ended January 31, 2024
Revenue: $328 million
EPS: $1.69
Guidance: initiated
Result: reported results

Exact text from the filing

Total revenue was $328 million, an increase of 19% year-over-year, or 18% on a constant currency basis • Elastic Cloud revenue was $143 million, an increase of 29% year-over-year as reported and on a constant currency basis • GAAP operating loss was $26 million; GAAP operating margin was -8% • Non-GAAP operating income was $43 million; non-GAAP operating margin was 13% • GAAP diluted earnings per share was $1.69 (1) ; non-GAAP diluted earnings per share was $0.36

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168 earnings releases filed in the last 30 days. Browse all earnings releases →

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Source: SEC EDGAR

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