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Elastic reports net expansion rate 109%
The Fly

Elastic reports net expansion rate 109%

The company states: “Total customer count with Annual Contract Value greater than $100,000 was over 1,270 compared to over 1,220 in Q2 FY24, and over 1,110 in Q3 FY23. Total subscription customer count was approximately 20,800 compared to approximately 20,700 in Q2 FY24, and over 19,900 in Q3 FY23. Net Expansion Rate was approximately 109%.”

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