Elastic Reports Q4 Beat, Provides Guidance 
<p><a href='https://financialmodelingprep.com/financial-summary/ESTC'>Elastic (NYSE:ESTC)</a> reported its Q4 earnings results, with EPS coming in at $0.22, above the Street estimate of $0.09. Revenue was $280 million, beating the Street estimate of $277.63 million.</p>
<p>Profitability outperformed while Elastic Cloud revenue missed expectations due to sluggish consumption trends as customers optimize cloud usage.</p>
<p>For Q1/24, management anticipates EPS to be in the range of $0.10-$0.12, compared to the Street estimate of $0.13, and revenue in the range of $283-$286 million, compared to the Street estimate of $285.85 million.</p>
<p>For the full year, the company sees EPS at $0.94-$1.06, compared to the Street’s $0.89, and revenue at $1.238-$1.25 billion, compared to the Street’s $1.25 billion.</p>

NYSE:ESTC