— Elastic NV (NYSE: ESTC) reported a loss of $0.28 per share in the third-quarter of 2020 vs. $0.35 per share loss expected.
— Q3 revenues grew 60% to $113.2 million, vs $107.3 million expected. SaaS revenue more than doubled to $25.1 million.
— Calculated billings were $122.9 million in Q3, up 54% YoY.
— Total customer count with ACV above $100,000 rose to 570, compared to over 525 in Q2.
— Chief Revenue Officer Aaron Katz transitioned into an advisory role until August 1, 2020, effective immediately. The company has initiated a search for his successor.
— For Q4, Elastic expects total revenues between $119 million and $120 million, and adjusted loss per share between $0.32 and $0.30.
— For fiscal 2020, the company is expected to report adjusted net loss of $1.13 to $1.12 per share on revenues of $423 million and $424 million.
— ESTC gained over 6% during pre-market hours.
Most Popular
Infographic: How Alaska Air Group (ALK) performed in Q1 2024
Alaska Air Group (NYSE: ALK) reported its first quarter 2024 earnings results today. Total operating revenue increased 2% year-over-year to $2.23 billion. Net loss amounted to $132 million, or $1.05 per
KMI Earnings: Kinder Morgan Q1 2024 adjusted profit increases; revenue drops
Kinder Morgan, Inc. (NYSE: KMI) reported higher adjusted earnings for the first quarter of 2024 despite a decrease in revenues. The energy infrastructure company also issued guidance for the full
What to expect when Altria (MO) reports first quarter 2024 earnings results
Shares of Altria Group, Inc. (NYSE: MO) stayed green on Wednesday. The stock has dropped 8% over the past one month. The tobacco giant is scheduled to report its first
Comments
Comments are closed.