Elastic Earnings: More Heartache
Elastic N.V. reported disappointing Q1 FY2025 results and lowered full-year guidance, with weakness pinned on a sales reorganization in the US. I tend to think that Elastic's problems extend beyond this, though, with competition a particular point of concern. Companies like CrowdStrike are having a large amount of success in SIEM, and MongoDB's Search product appears to be gaining traction.
An Investigation Has Commenced on Behalf of Elastic N.V. Shareholders.
NEW YORK, NY / ACCESSWIRE / September 3, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Elastic N.V. ("Elastic N.V.
Why Elastic Stock Is Crashing Today
Elastic posted significant sales and earnings beats in fiscal Q1. But the company issued a downward revision for its full-year sales guidance.
These Analysts Slash Their Forecasts On Elastic After Q1 Results
Elastic N.V. ESTC reported upbeat first-quarter financial results and issued second-quarter revenue guidance below estimates.
Elastic Q1 Earnings: Stretched To Breaking (Rating Downgrade)
Elastic's stock dropped 25% due to slightly lowered revenue guidance and high valuation, despite mid-teen growth rates. The company's shift in sales strategy disrupted processes, especially in the Americas, leading to slower deal closures and mixed performance. Elastic faces intense competition from industry giants like Splunk, making it challenging to expand market share.
Elastic N.V. (ESTC) Q1 2025 Earnings Call Transcript
Elastic N.V. (NYSE:ESTC ) Q1 2025 Earnings Conference Call August 29, 2024 5:00 PM ET Company Participants Anthony Luscri - Vice President of Investor Relations Ashutosh Kulkarni - Chief Executive Officer Janesh Moorjani - Chief Financial Officer and Chief Operating Officer Conference Call Participants Matthew Hedberg - RBC Capital Markets Brent Thill - Jefferies Pinjalim Bora - JPMorgan Michael Cikos - Needham & Company Tyler Radke - Citi Raimo Lenschow - Barclays Koji Ikeda - Bank of America Joe Vandrick - Scotiabank Rob Owens - Piper Sandler Andrew Nowinski - Wells Fargo Joel Fishbein - Truist Securities Operator Good day and welcome to the Elastic First Quarter Fiscal 2025 Conference Call.
Compared to Estimates, Elastic (ESTC) Q1 Earnings: A Look at Key Metrics
Although the revenue and EPS for Elastic (ESTC) give a sense of how its business performed in the quarter ended July 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Elastic (ESTC) Q1 Earnings and Revenues Beat Estimates
Elastic (ESTC) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.25 per share a year ago.
Elastic to Report Q1 Earnings Results: What's in the Offing?
ESTC's first-quarter fiscal 2025 revenues and earnings are likely to have increased year over year.
Why Artificial Intelligence (AI) Stock Elastic Was a Winner Today
The next-generation enterprise productivity specialist received a positive review heading into its earnings release. An analyst reiterated his buy recommendation on the stock.
Elastic (ESTC) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Elastic (ESTC), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended July 2024.
1 Unstoppable Artificial Intelligence (AI) Stock Down 40% to Buy Hand Over Fist, According to Wall Street
Exciting opportunities are emerging in the artificial intelligence space, beyond the popular stocks like Nvidia and Microsoft. Elastic N.V.
