Elastic's recent earnings report exceeded expectations, leading to a 25% share price jump, highlighting its growth and profitability in a bullish market. With 18% y/y revenue growth and strong cloud revenue, Elastic's near-term prospects are promising, supported by increased AI adoption and customer commitments. Valued at 46x forward free cash flow, Elastic's strong balance sheet and expanding operating margins make it a compelling investment in the tech sector.
Elastic N.V. (NYSE:ESTC ) Q2 2025 Earnings Conference Call November 21, 2024 5:00 PM ET Company Participants Anthony Luscri - VP of IR Ashutosh Kulkarni - CEO Janesh Moorjani - CFO and COO Eric Prengel - Interim CFO Conference Call Participants Matthew Hedberg - RBC Capital Markets Pinjalim Bora - JPMorgan Tyler Radke - Citi Koji Ikeda - Bank of America Brent Thill - Jefferies Raimo Lenschow - Barclays Ittai Kidron - Oppenheimer Howard Ma - Guggenheim Securities Austin Dietz - UBS Kash Rangan - Goldman Sachs Operator Good day and welcome to the Elastic Second Quarter Fiscal 2025 Earnings Results Conference Call.
The headline numbers for Elastic (ESTC) give insight into how the company performed in the quarter ended October 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Elastic (ESTC) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.37 per share a year ago.
Elastic stock surged late Thursday, after the data software company posted a big earnings beat. The post Elastic Stock Rockets Higher As Data Software Player Posts Big Earnings Beat appeared first on Investor's Business Daily.
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 October 2024.
Elastic (ESTC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
LOS ANGELES, CA / ACCESSWIRE / November 4, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, publicizes that it's investigating claims on behalf of investors of Elastic N.V. ("Elastic" or "the Company") (NYSE:ESTC) for violations of the securities laws.
LOS ANGELES, CA / ACCESSWIRE / November 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, publicizes that it's investigating claims on behalf of investors of Elastic N.V. ("Elastic" or "the Company") (NYSE:ESTC) for violations of the securities laws.
LOS ANGELES, CA / ACCESSWIRE / November 2, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, publicizes that it's investigating claims on behalf of investors of Elastic N.V. ("Elastic" or "the Company") (NYSE:ESTC) for violations of the securities laws.
NEW YORK, NY / ACCESSWIRE / October 30, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Elastic N.V. ("Elastic N.V.
NEW YORK, NY / ACCESSWIRE / October 29, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Elastic N.V. ("Elastic N.V.