Earnings Summary: Elastic Q2

Elastic ESTC announced its Q2 earnings on Thursday, November 21, 2024 at 04:05 PM.

Here's a breakdown of the earnings report.

Earnings

Elastic beat estimated earnings by 55.00000000000001%, reporting an EPS of $0.59 versus an estimate of $0.38.

Revenue was up $54.75 million from the same period last year.

Analysis of Past Earnings

During the previous quarter, the company beat on EPS by $0.1, leading to a 26.0% drop share price change the next day.

Here's a look at Elastic's past performance:

Quarter Q1 2025 Q4 2024 Q3 2024 Q2 2024
EPS Estimate 0.25 0.20 0.31 0.24
EPS Actual 0.35 0.21 0.36 0.37
Revenue Estimate 344.70M 329.48M 320.29M 304.11M
Revenue Actual 347.42M 335.00M 327.96M 310.61M

To track all earnings releases for Elastic visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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