secwatch.observer — SEC 8-K summary
======================================

Issuer:     Elastic N.V. (ESTC)
CIK:        0001707753
Form:       8-K
Filed at:   2024-11-21T23:59:59+00:00
Accession:  0001707753-24-000044
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Elastic Q2 revenue $365M (+18% YoY); CFO Moorjani resigns, Prengel named interim
--------------------------------------------------------------------------------

- Q2 FY25 total revenue $365M (+18% YoY); Elastic Cloud revenue $169M (+25% YoY).
- GAAP net loss per share $0.25; non-GAAP diluted EPS $0.59; GAAP operating loss $4M.
- CFO/COO Janesh Moorjani resigns effective Dec 13, 2024; Eric Prengel appointed interim CFO.
- Q3 FY25 revenue guidance $367-369M; FY25 revenue guidance $1.451-1.457B.
- Customers with ACV >$100K exceeded 1,420; net expansion rate ~112%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1707753/000170775324000044/0001707753-24-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1707753/000170775324000044/estc-20241118.htm
  HTML page:      https://secwatch.observer/filing/0001707753-24-000044

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