Elastic N.V. (ESTC) Tops Q2 EPS by 10c; Guides Revenue Below Street

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Elastic Reports Second Quarter Fiscal 2023 Financial Results

November 30, 2022 4:05 PM EST

Q2 Revenue of $264.4 million, up 28% year-over-year (34% in constant currency)

Q2 Elastic Cloud Revenue of $103.2 million, up 50% year-over-year (52% in constant currency)

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Elastic (NYSE: ESTC) (Elastic), the company behind Elasticsearch and the Elastic Stack, announced results for its second quarter of fiscal 2023 (ended October 31, 2022).

Second Quarter Fiscal 2023 Financial Highlights

Total revenue was $264.4 million, an increase of 28% year-over-year, or 34% on a constant currency basis Elastic Cloud revenue was $103.2 million, an increase of 50% year-over-year, or 52% on a... More