Elastic N.V. Provides Earnings Guidance for the Second Quarter Ending October 31, 2021 and Full Year Ending April 30, 2022
August 25, 2021 at 04:05 pm EDT
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Elastic N.V. provided earnings guidance for the second quarter ending October 31, 2021 and full year ending April 30, 2022. For the second quarter, the company total revenue is expected to be between $193 million and $195 million.
For the full year, the company total revenue is expected to be between $808 million and $814 million.
Elastic NV is a Netherlands-based data analytics company. The Companyâs platform, which is available as both a hosted, managed service across public clouds as well as self-managed software, allows its customers to find insights from large amounts of data and take action. The Company offers three search-powered solutions - Enterprise Search, Observability, and Security - that are built into the platform, which is built on the Elastic Stack, a set of software products that ingest data from any source, in any format, and perform search, analysis, and visualization of that data. The Company helps organizations, their employees, and their customers find what they need, while keeping mission-critical applications running smoothly, and protecting against cyber threats. The Company generates revenue primarily from sales of subscriptions to its platform.
ELASTIC N.V. 
