Elastic Fiscal Q3 Non-GAAP Earnings, Revenue Rise; Q4, FY Outlook Set; Shares Jump After Hours

MT Newswires Live
02-28

Elastic (ESTC) reported fiscal Q3 non-GAAP earnings Thursday of $0.63 per diluted share, up from $0.36 a year earlier.

Analysts polled by FactSet expected $0.47.

Revenue in the three months ended Jan. 31 rose to $382.1 million from $328 million a year earlier.

Analysts surveyed by FactSet expected $368.7 million.

The company expects fiscal Q4 non-GAAP diluted EPS of $0.36 to $0.37 on revenue of $379 million to $381 million.

Analysts polled by FactSet expect EPS of $0.30 on revenue of $374.4 million.

The company expects fiscal 2025 non-GAAP diluted EPS of $1.91 to $1.96 on revenue of $1.474 billion to $1.476 billion.

Analysts surveyed by FactSet expect EPS of $1.72 on revenue of $1.46 billion.

The company's shares surged 17% in after-hours trading.

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