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.

Earnings

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.

Past Earnings Performance

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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Posted In: EarningsBZI-Recaps
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