Loading...
•
Jan 31, 2022
Elastic Q3 2022 Earnings Report
Reported strong third quarter fiscal 2022 financial results.
Key Takeaways
Elastic announced strong Q3 fiscal 2022 results, with total revenue up 43% year-over-year to $223.9 million and Elastic Cloud revenue up 79% year-over-year to $80.4 million.
Total revenue was $223.9 million, an increase of 43% year-over-year.
Elastic Cloud revenue was $80.4 million, an increase of 79% year-over-year.
GAAP operating loss was $45.8 million; GAAP operating margin was -20%.
Non-GAAP operating profit was $0.2 million; non-GAAP operating margin was 0%.
Elastic
Elastic
Elastic Revenue by Segment
Revenue by Segment
Elastic Cloud Revenue
CapyFin.comOther Subscription Revenue
CapyFin.comProfessional Services Revenue
CapyFin.com Forward Guidance
For the fourth quarter of fiscal 2022 (ending April 30, 2022): •Total revenue is expected to be between $230 million and $232 million •Non-GAAP operating margin is expected to be between -5.5% and -4.5% •Non-GAAP net loss per share is expected to be between $0.24 and $0.20, assuming between 93.1 million and 94.1 million weighted average ordinary shares outstanding
Positive Outlook
- Total revenue is expected to be between $230 million and $232 million
- Non-GAAP operating margin is expected to be between -5.5% and -4.5%
- Non-GAAP net loss per share is expected to be between $0.24 and $0.20
- Revenue guidance provided
- Operating margin guidance provided
Challenges Ahead
- Non-GAAP operating margin is expected to be between -5.5% and -4.5%
- Non-GAAP net loss per share is expected to be between $0.24 and $0.20
- Operating margin is negative
- Net loss per share is negative
- No positives besides guidance numbers
Revenue & Expenses
Visualization of income flow from segment revenue to net income