Elastic N.V. (ESTC) Tops Q1 EPS by 14c

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Go back to Elastic N.V. (ESTC) Tops Q1 EPS by 14c

Elastic Reports Strong First Quarter Fiscal 2022 Financial Results

August 25, 2021 4:05 PM EDT

Q1 Revenue of $193.1 million, Up 50% year-over-year
Q1 Elastic Cloud Revenue of $61.5 million, Up 89% 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 first quarter of fiscal 2022 (ended July 31, 2021).

First Quarter Fiscal 2022 Financial Highlights

Total revenue was $193.1 million, an increase of 50% year-over-year, or 45% on a constant currency basis Elastic Cloud revenue was $61.5 million, an increase of 89% year-over-year, or 85% on a constant currency basis Calculated billings was $165.0... More