The Motley Fool
SEPTEMBER 4, 2024
Our partner network continues to generate opportunities and open new deal flow. Professional services revenue was $13.7 We expect the professional services revenue to generally stay within 10% to 20% of total revenue for fiscal '25. Gross margin for professional services remained high at over 90%.
The Motley Fool
FEBRUARY 29, 2024
Mark leads all of Elastic's customer-facing functions, including global sales, customer success, solutions architecture, professional services, ecosystem and partnerships, and sales operations. To add more context around overall deal flow, EMEA grew the fastest during the quarter, followed by the Americas and APJ.
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The Motley Fool
AUGUST 29, 2024
Professional services revenue in the first quarter was $24 million, growing 1% year over year as reported and in constant currency. Although professional services revenue may fluctuate across quarters based on the timing of services delivery, we do not expect it to vary significantly in mix over time.
The Motley Fool
MAY 30, 2024
As we've shared before, Elastic Cloud revenue based on month-to-month arrangements is driven mainly by a self-service motion in the SMB segment, which remains challenged. Professional services revenue in the fourth quarter was $24 million, growing 1% year over year as reported and in constant currency.
The Motley Fool
JUNE 7, 2024
The reason we do that is because we're a professional services firm, and I want people in the office. But as anyone who's watching this rather than just listening to it can see, I'm sitting in a brand new office in Cherry Creek, Colorado, we moved into these offices three weeks ago. It's as beautiful at office as you'll find anywhere.
The Motley Fool
OCTOBER 11, 2024
G&A expense was up 8% year over year, primarily due to the timing of technology spend last year and higher professional services expense. Our scale enhance our proprietary deal sourcing, access to the execution of deal flow, deeper liquidity, lowering trading costs, all of which benefits each and every one of our clients.
The Motley Fool
NOVEMBER 30, 2023
Professional services revenue in the second quarter was $23 million, down 1% year over year on an as-reported basis and down 3% year over year on a constant-currency basis. To add more context around overall deal flow, EMEA grew fastest during the quarter, followed by APJ and the Americas.
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