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Apr 30, 2022
Elastic Q4 2022 Earnings Report
Announced strong fourth quarter and fiscal year 2022 financial results.
Key Takeaways
Elastic reported strong Q4 results with a total revenue of $239.4 million, up 35% year-over-year, and Elastic Cloud revenue of $87.7 million, up 71% year-over-year. The company's strong cloud momentum is expected to drive over 50% of total revenue from Elastic Cloud exiting Q4 of fiscal year 2024.
Total revenue was $239.4 million, an increase of 35% year-over-year, or 37% on a constant currency basis
Elastic Cloud revenue was $87.7 million, an increase of 71% year-over-year, or 72% on a constant currency basis
GAAP operating loss was $59.6 million; GAAP operating margin was -25%
Non-GAAP operating loss was $7.9 million; non-GAAP operating margin was -3%
Revenue by Segment
Forward Guidance
For the first quarter of fiscal 2023 (ending July 31, 2022): Total revenue is expected to be between $244 million and $246 million, representing 27% year-over-year growth at the midpoint (32% year-over-year constant currency growth at the midpoint). Non-GAAP net loss per share is expected to be between $0.20 and $0.16, assuming between 94.0 million and 95.0 million weighted average ordinary shares outstanding.
Positive Outlook
- Total revenue is expected to be between $244 million and $246 million
- Representing 27% year-over-year growth at the midpoint
- 32% year-over-year constant currency growth at the midpoint
- Non-GAAP operating margin is expected to be between -3.8% and -2.8%
- Non-GAAP net loss per share is expected to be between $0.20 and $0.16
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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