Elastic Reports Strong Second Quarter Fiscal 2021 Financial Results

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Go back to Elastic Reports Strong Second Quarter Fiscal 2021 Financial Results

Elastic N.V. (ESTC) Tops Q2 EPS by 23c, Revenues Beat; Offers 3Q & FY21 EPS/Revenue Guidance Above Consensus

December 2, 2020 4:14 PM EST

Elastic N.V. (NYSE: ESTC) reported Q2 EPS of $0.03, $0.23 better than the analyst estimate of ($0.20). Revenue for the quarter came in at $144.9 million versus the consensus estimate of $130.5 million.

Second Quarter Fiscal 2021 Financial Highlights

Total revenue was $144.9 million, an increase of 43% year-over-year, or 40% on a constant currency basisSaaS revenue was $37.4 million, an increase of 81% year-over-year, or 79% on a constant currency basisCalculated billings was $177.7 million, an increase of 42% year-over-year, or 39% on a constant currency basisDeferred revenue was $309.2 million, an increase of 54% year-over-yearGAAP operating loss was $28.4 million; GAAP... More