Elastic (NYSE:ESTC) announced its Q2 earnings on Thursday, November 21, 2024 at 04:05 PM.
Here's a breakdown of the earnings report.
Earnings
Elastic beat estimated earnings by 55.00000000000001%, reporting an EPS of $0.59 versus an estimate of $0.38.
Revenue was up $54.75 million from the same period last year.
Analysis of Past Earnings
During the previous quarter, the company beat on EPS by $0.1, leading to a 26.0% drop share price change the next day.
Here's a look at Elastic's past performance:
| Quarter | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| EPS Estimate | 0.25 | 0.20 | 0.31 | 0.24 |
| EPS Actual | 0.35 | 0.21 | 0.36 | 0.37 |
| Revenue Estimate | 344.70M | 329.48M | 320.29M | 304.11M |
| Revenue Actual | 347.42M | 335.00M | 327.96M | 310.61M |
To track all earnings releases for Elastic visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
