Elastic N.V. (ESTC) Tops Q1 EPS by 2c; Guides
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Elastic Reports Strong First Quarter Fiscal 2023 Financial Results
August 25, 2022 4:10 PM EDTQ1 Revenue of $250.1 million, Up 30% year-over-year (34% in constant currency)
Q1 Elastic Cloud Revenue of $97.7 million, Up 59% year-over-year (62% 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 2023 (ended July 31, 2022).
First Quarter Fiscal 2023 Financial Highlights
Total revenue was $250.1 million, an increase of 30% year-over-year, or 34% on a constant currency basis Elastic Cloud revenue was $97.7 million, an increase of 59% year-over-year, or... More