Recap: Elastic Q3 Earnings

Elastic ESTC reported its Q3 earnings results on Thursday, March 3, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Elastic beat estimated earnings by 42.86%, reporting an EPS of $-0.12 versus an estimate of $-0.21.

Revenue was up $66.83 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 14.99% drop in the share price the next day.

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

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate -0.16 -0.10 -0.16 -0.15
EPS Actual -0.09 0.04 -0.08 -0.04
Revenue Estimate 194.53M 173.17M 158.91M 146.72M
Revenue Actual 205.98M 193.09M 177.61M 157.12M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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

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Posted In: EarningsBZI-Recaps
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