Elastic (NYSE:ESTC) reported its Q3 earnings results on Thursday, March 3, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Elastic beat estimated earnings by 42.86%, reporting an EPS of $-0.12 versus an estimate of $-0.21.
Revenue was up $66.83 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 14.99% drop in the share price the next day.
Here's a look at Elastic's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.16 | -0.10 | -0.16 | -0.15 |
| EPS Actual | -0.09 | 0.04 | -0.08 | -0.04 |
| Revenue Estimate | 194.53M | 173.17M | 158.91M | 146.72M |
| Revenue Actual | 205.98M | 193.09M | 177.61M | 157.12M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
