Elastic NV (NYSE:ESTC)

$ 104.95 -1.1 (-1.04%) Market Cap: 10.58 Bil Enterprise Value: 10.16 Bil PE Ratio: 228.15 PB Ratio: 14.94 GF Score: 80/100

Elastic NV at Citi Global Technology Virtual Conference Transcript

Sep 15, 2021 / 02:30PM GMT

Release Date Price: $159.99 (-0.07%)

Transcript

Tyler Maverick Radke

Citigroup Inc., Research Division - VP & Senior Analyst

All right. Good morning, everybody. My name is Tyler Radke. I co-head our U.S. software sector coverage here at Citi, and welcome to the final day of our Virtual Tech Conference. We are pleased to have, for the 10:30 Eastern session, Janesh Moorjani, from Elastic. Janesh, thank you so much for joining us. It's good to see you.

Janesh Moorjani

Elastic N.V. - CFO

Yes. It's good to see you again, too, Tyler. Thank you for hosting us.

Questions & Answers

Tyler Maverick Radke

Citigroup Inc., Research Division - VP & Senior Analyst

Yes. So Janesh, I thought we could just kick off, just going over some of the impressive numbers that you posted a couple of weeks ago when you reported. I think investors were particularly positively surprised by the Elastic Cloud business, reaccelerated over 10 points, grew almost 90% year-over-year, which I think was faster than growth that you saw all of last year. Can you just walk us through

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