Elastic Q4 Adjusted EPS $0.61 Beats Estimate of $0.56
Elastic Reports Q4 Financial Results
Elastic (ESTC) announced its financial results for the fourth quarter of fiscal 2024. The company reported adjusted earnings per share (EPS) of $0.61, surpassing the IBES estimate of $0.56.
Key Financial Highlights
Elastic's Q4 revenue reached $451 million, exceeding the IBES estimate of $446.6 million. Adjusted operating income came in at $67 million, above the estimate of $64.8 million.
The company reported an operating loss of $16 million. Adjusted operating margin was 14.8%, while operating margin was -4%.
These results demonstrate Elastic's strong performance and growth potential. Investors may view the company's profitability and revenue growth positively.
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