Elastic N.V. (ESTC) Q3 Fiscal 2025 Earnings Call: Key Insights
On February 27, 2025, Elastic N.V. (ESTC) held its third quarter fiscal 2025 earnings call, where company executives discussed the latest financial results and answered questions from analysts. The following are some of the notable points from the call.
Company Participants
The call was led by Anthony Luscri, Vice President of Investor Relations. Ashutosh Kulkarni, the CEO, and Eric Prengel, Interim CFO and Group Vice President of Finance, provided updates on the company’s financial performance.
Conference Call Participants
Several analysts participated in the call, including Pinjalim Bora from JPMorgan, Raimo Lenschow from Barclays, Sanjit Singh from Morgan Stanley, Matt Hedberg from RBC Capital Markets, Rob Owens from Piper Sandler, Howard Ma from Guggenheim Securities, Koji Ikeda from Bank of America, Michael Cikos from Needham and Company, Kash Rangan from Goldman Sachs, Andrew Nowinski from Wells Fargo, and Jake Roberge from William Blair. Andrew Sherman from TD Cowen and Shrenik Kothari from Robert Baird also joined the call.
Financial Performance
Elastic reported a revenue of $285.8 million for the third quarter, up 22% year-over-year. The company’s GAAP net loss was $112.5 million, compared to a net loss of $21.6 million in the same quarter last year. Adjusted EBITDA came in at $43.1 million, up from $30.2 million in the third quarter of fiscal 2024.
Product Updates
During the call, Kulkarni discussed the company’s continued investment in its Elastic Stack, which includes Elasticsearch, Kibana, Beats, and Logstash. He highlighted the recent launch of Elastic Cloud Enterprise, a fully managed SaaS offering that provides customers with a more secure and scalable solution for managing their data.
Impact on Individuals
For individuals, the strong financial performance of Elastic could lead to increased investor confidence and potentially higher stock prices. Additionally, the launch of Elastic Cloud Enterprise could provide a more convenient and cost-effective solution for managing data, making it an attractive option for both small businesses and large enterprises.
Impact on the World
From a broader perspective, Elastic’s strong financial results reflect the growing demand for data management and analytics solutions. With the increasing amount of data being generated every day, there is a need for efficient and effective ways to manage and analyze this data. Elastic’s Elastic Stack and Elastic Cloud Enterprise offerings are well-positioned to meet this demand, potentially leading to innovation and growth in the data management and analytics industry.
Conclusion
Elastic N.V.’s third quarter fiscal 2025 earnings call provided insights into the company’s financial performance and product updates. With a strong revenue growth and continued investment in its Elastic Stack, Elastic is well-positioned to meet the growing demand for data management and analytics solutions. For individuals, this could lead to increased investor confidence and a more convenient and cost-effective solution for managing data. From a broader perspective, Elastic’s strong results reflect the importance of data management and analytics in today’s digital economy, potentially leading to innovation and growth in the industry.
- Elastic N.V. reported strong financial results for the third quarter of fiscal 2025, with revenue up 22% year-over-year.
- The company’s GAAP net loss was $112.5 million, up from a net loss of $21.6 million in the same quarter last year.
- Adjusted EBITDA came in at $43.1 million, up from $30.2 million in the third quarter of fiscal 2024.
- CEO Ashutosh Kulkarni discussed the launch of Elastic Cloud Enterprise, a fully managed SaaS offering for managing data.
- The strong financial performance of Elastic could lead to increased investor confidence and potentially higher stock prices.
- The launch of Elastic Cloud Enterprise could provide a more convenient and cost-effective solution for managing data, making it an attractive option for both small businesses and large enterprises.
- Elastic’s strong results reflect the growing demand for data management and analytics solutions, potentially leading to innovation and growth in the industry.
