Elastic N.V. (NYSE: ESTC) reported Q2 EPS of ($0.38). Revenue for the quarter came in at $63.6 million.

• Total revenue was $63.6 million, growing 72% year-over-year.
• Calculated billings was $88.5 million, growing 73% year-over-year.
• Deferred revenue was $127.3 million, growing 78% year-over-year.
• GAAP operating loss was $27.1 million; GAAP operating margin was -42.6%.
• Non-GAAP operating loss was $14.8 million; Non-GAAP operating margin was -23.3%.
• GAAP net loss per share was $0.63; Non-GAAP net loss per share was $0.38.
• Operating cash flow was -$0.6 million with free cash flow of -$1.4 million.
• Cash and cash equivalents were $318.6 million as of October 31, 2018.

“We are very pleased with our Q2 results; our team delivered strong revenue growth of 72% year-over-year,” said Shay Banon, founder and chief executive officer at Elastic. “Search is an incredible foundation to enable our users and customers to address a variety of use cases. We’re proud of the pace of innovation across our self-managed and SaaS offerings and the rapid adoption of the Elastic Stack and our solutions by our users and customers.”

GUIDANCE:

Elastic N.V. sees FY2019 EPS of ($1.35)-($1.30). Elastic N.V. sees FY2019 revenue of $254-258 billion, versus the consensus of $237.02 billion.

For earnings history and earnings-related data on Elastic N.V. (ESTC) click here.