secwatch.observer — SEC 8-K summary
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Issuer:     Elastic N.V. (ESTC)
CIK:        0001707753
Form:       8-K
Filed at:   2024-02-29T23:59:59+00:00
Accession:  0001707753-24-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1707753/000170775324000003/0001707753-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1707753/000170775324000003/estc-20240229.htm
  HTML page:      https://secwatch.observer/filing/0001707753-24-000003

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