Elastic N.V. (ESTC) Tops Q3 EPS by 11c

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Elastic Reports Strong Third Quarter Fiscal 2021 Financial Results

February 24, 2021 4:10 PM EST

Q3 Revenue of $157.1 million, Up 39% year-over-year
Q3 SaaS Revenue of $44.9 million, Up 79% 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 third quarter of fiscal 2021 (ended January 31, 2021).

Third Quarter Fiscal 2021 Financial Highlights

Total revenue was $157.1 million, an increase of 39% year-over-year, or 36% on a constant currency basis SaaS revenue was $44.9 million, an increase of 79% year-over-year, or 76% on a constant currency basis Calculated billings was $173.2 million, an... More