Elastic N.V. (ESTC) Reports Q2 Loss of $0.38 on Revenues of $63.58M; Offers FY19 Revenue Guidance Above Consensus

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Go back to Elastic N.V. (ESTC) Reports Q2 Loss of $0.38 on Revenues of $63.58M; Offers FY19 Revenue Guidance Above Consensus

Elastic N.V. Reports Strong Second Quarter Fiscal 2019 Financial Results

December 4, 2018 4:15 PM EST

Total Revenue of $63.6 million, Growing 72% year-over-year

Calculated Billings of $88.5 million, Growing 73% year-over-year

Raised $264 million in Initial Public Offering

MOUNTAIN VIEW, Calif. & AMSTERDAM--(BUSINESS WIRE)-- Elastic N.V. (NYSE: ESTC) (Elastic), the company behind Elasticsearch and the Elastic Stack, today announced strong results for its fiscal second quarter ended October 31, 2018.

Second Quarter Fiscal 2019 Financial Highlights

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.... More