Elastic (NYSE:ESTC) reported its Q2 earnings results on Thursday, November 30, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Elastic beat estimated earnings by 54.17%, reporting an EPS of $0.37 versus an estimate of $0.24.
Revenue was up $46.21 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.14 which was followed by a 20.02% increase in the share price the next day.
Here’s a look at Elastic’s past performance:
| Quarter | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.11 | 0.10 | 0.05 | -0.1 |
| EPS Actual | 0.25 | 0.22 | 0.17 | 0 |
| Revenue Estimate | 284.44M | 277.36M | 272.95M | 261.39M |
| Revenue Actual | 293.75M | 279.94M | 274.57M | 264.40M |
To track all earnings releases for Elastic visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
