Elastic Expects FY24 Total Revenue Of $1.238B-$1.250B (Consensus $1.25B); Non-GAAP EPS Of $0.94-$1.06 (Consensus $0.89)
Portfolio Pulse from Benzinga Newsdesk
Elastic expects FY24 total revenue to be between $1.238B and $1.250B, with a consensus of $1.25B. The company also forecasts non-GAAP EPS of $0.94-$1.06, beating the consensus of $0.89.
June 01, 2023 | 8:23 pm
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Elastic's FY24 revenue and non-GAAP EPS forecasts beat consensus estimates, indicating strong financial performance.
Elastic's higher-than-expected revenue and non-GAAP EPS forecasts for FY24 indicate a strong financial performance, which is likely to have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100