Elastic Q4 Net Income $435.9M, Revenue $450.7M Surpass Forecasts
ESTC•Elastic NV reported fiscal Q4 net income of $435.9 million, GAAP EPS of $4.14 and adjusted EPS of $0.61 while revenue rose to $450.7 million, topping analyst predictions. For Q1, it forecasts EPS of $0.57–$0.59 and revenue of $469–$470 million, and full-year guidance projects $3.21–$3.29 EPS on $1.99–$2.00 billion revenue.
1. Q4 Earnings Highlights
Elastic reported fiscal fourth-quarter net income of $435.9 million, representing GAAP earnings of $4.14 per share. Adjusted earnings were 61 cents per share, exceeding the consensus estimate of 56 cents.
2. Revenue Outperformance
Revenue for the quarter reached $450.7 million, topping the $446.4 million average analyst forecast and marking a year-over-year increase.
3. Full-Year Results
For the fiscal year, Elastic recorded net profit of $367.8 million, or $3.43 per share, on revenue of $1.74 billion.
4. Forward Guidance
Elastic expects first-quarter EPS of $0.57–$0.59 and revenue of $469–$470 million while projecting full-year EPS between $3.21 and $3.29 on $1.99–$2.00 billion in revenue.
