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

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Elastic Reports Strong Second Quarter Fiscal 2021 Financial Results

December 2, 2020 4:10 PM EST

Q2 Revenue of $144.9 million, Up 43% year-over-year
Q2 SaaS Revenue of $37.4 million, Up 81% year-over-year

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Elastic (NYSE: ESTC) (Elastic), the company behind Elasticsearch and the Elastic Stack, announced strong results for its second quarter of fiscal 2021 (ended October 31, 2020).

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 basis SaaS revenue was $37.4 million, an increase of 81% year-over-year, or 79% on a constant currency basis Calculated billings was $177.7 million, an... More