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