Elastic: Fiscal 4Q Earnings Snapshot
MOUNTAIN VIEW, Calif. (AP) _ Elastic NV (ESTC) on Wednesday reported a loss of $34.8 million in its fiscal fourth quarter.
On a per-share basis, the Mountain View, California-based company said it had a loss of 48 cents. Losses, adjusted for one-time gains and costs, were 28 cents per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 29 cents per share.
The software developer posted revenue of $80.6 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $75.5 million.
For the current quarter ending in August, Elastic expects its results to range from a loss of 44 cents per share to a loss of 42 cents per share.
The company said it expects revenue in the range of $82 million to $84 million for the fiscal first quarter.
Elastic expects full-year results to range from a loss of $1.49 per share to a loss of $1.33 per share, with revenue ranging from $397 million to $403 million.