Elastic: Q4 Earnings Insights

Elastic ESTC reported its Q4 earnings results on Thursday, June 1, 2023 at 04:05 PM.

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

Elastic beat estimated earnings by 120.0%, reporting an EPS of $0.22 versus an estimate of $0.1.

Revenue was up $40.59 million from the same period last year.

Last quarter the company beat on EPS by $0.12 which was followed by a 9.45% increase in the share price the next day.

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

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.05	-0.1	-0.17	-0.22
EPS Actual	0.17	0	-0.15	-0.16
Revenue Estimate	272.95M	261.39M	246.07M	231.90M
Revenue Actual	274.57M	264.40M	250.08M	239.35M

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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