Elastic N.V. (ESTC) Tops Q3 EPS by 15c, Offers Q4 Guidance

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

February 27, 2019 4:15 PM EST

Total Revenue of $70.8 million, Growing 70% year-over-year

Calculated Billings of $79.8 million, Growing 68% year-over-year

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 third quarter ended January 31, 2019.

Third Quarter Fiscal 2019 Financial Highlights

Total revenue was $70.8 million, growing 70% year-over-year. Calculated billings was $79.8 million, growing 68% year-over-year. Deferred revenue was $137.8 million, growing 73% year-over-year. GAAP operating loss was $23.8 million; GAAP operating margin was -33.6%.... More