Elastic N.V. (ESTC) Tops Q1 EPS by 12c, Revenues Beat
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Elastic Reports Strong First Quarter Fiscal 2021 Financial Results
August 26, 2020 4:10 PM EDTQ1 Revenue of $128.9 million, Up 44% year-over-year (45% in constant currency)
Q1 SaaS Revenue of $32.6 million, Up 86% year-over-year (86% in constant currency)
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Elastic (NYSE: ESTC) (Elastic), the company behind Elasticsearch and the Elastic Stack, announced strong results for its first quarter of fiscal 2021 (ended July 31, 2020).
First Quarter Fiscal 2021 Financial Highlights
Total revenue was $128.9 million, an increase of 44% year-over-year, or 45% on a constant currency basis. SaaS revenue was $32.6 million, an increase of 86% year-over-year, or 86% on a constant currency... More