LOS ANGELES, CA / ACCESSWIRE / September 6, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is 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 / September 6, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Elastic N.V. ("Elastic N.V.
RADNOR, PA / ACCESSWIRE / September 6, 2024 / The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Elastic N.V. (NYSE:ESTC) ("Elastic").
Elastic (ESTC) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
NEW YORK, NY / ACCESSWIRE / September 5, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Elastic N.V. ("Elastic N.V.
NEW YORK, NY / ACCESSWIRE / September 4, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Elastic N.V. ("Elastic N.V.
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.
NEW YORK, NY / ACCESSWIRE / September 3, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Elastic N.V. ("Elastic N.V.
Elastic posted significant sales and earnings beats in fiscal Q1. But the company issued a downward revision for its full-year sales guidance.
Elastic N.V. ESTC reported upbeat first-quarter financial results and issued second-quarter revenue guidance below estimates.
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. (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.