ESTC / Elastic: The Potential Spring Back Is Getting Very Large

Elastic, an infrastructure software company, has performed well in a down market, with a 50% increase in stock price this year. Revenue growth has hel more_horizontal

Elastic's stock has performed well recently, on the back of improved sentiment from Elastic's exposure to generative AI and vector databases. While ES more_horizontal

Cisco's purchase of Splunk could lead to a wave of M&A in the software industry. Elastic N.V. could benefit from the Cisco-Splunk deal and potentially more_horizontal

Elastic NV (NYSE:ESTC) shares surged 22% to $75.22 in afternoon trading on Friday after the Netherlands-based data analytics company saw its first qua more_horizontal

Elastic easily exceeded expectations for revenue and earnings with its fiscal first-quarter 2024 report yesterday after the market closed. Management more_horizontal

Elastic N.V. (NYSE:ESTC ) Q1 2024 Earnings Conference Call August 31, 2023 5:00 PM ET Company Participants Janice Oh - IR Ashutosh Kulkarni - CEO Jane more_horizontal

While the top- and bottom-line numbers for Elastic (ESTC) give a sense of how the business performed in the quarter ended July 2023, it could be worth more_horizontal

Elastic (ESTC) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to loss of more_horizontal