Bull of the Day: Elastic (ESTC)
- Total subscription customer count over 8.8K (from 8.1K in Q4)
- Total customer count with ACV greater than $100K over 475 (from 440 Q4)
- SaaS revenue increased 71% y/y (77% excluding FX)
- Subscription revenue represented 92% of total revenue
- New wins and expansions included: TomTom, U.S. Navy, Freddie Mac, NVIDIA.
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