Elastic(ESTC)

Search documents
Elastic(ESTC) - 2025 Q3 - Earnings Call Presentation
2025-02-27 23:33
Corporate Overview and Q3FY25 Financial Results February 27, 2025 Forward Looking Statements; Use of Non-GAAP Measures This presentation and the accompanying oral presentation contain forward-looking statements that involve substantial risks and uncertainties, which include, but are not limited to, statements regarding our expected financial results for the fiscal quarter and the fiscal year ending April 30, 2025, our strategic areas of focus, expectations and plans regarding our future growth, our go-to-ma ...
Elastic(ESTC) - 2025 Q3 - Quarterly Results
2025-02-27 21:11
Exhibit 99.1 Elastic Reports Third Quarter Fiscal 2025 Financial Results Q3 Revenue of $382 million, up 17% year-over-year (17% in constant currency) Q3 Elastic Cloud Revenue of $180 million, up 26% year-over-year (26% in constant currency) SAN FRANCISCO, Calif., Feb 27, 2025 -- Elastic (NYSE: ESTC) ("Elastic"), the company behind Elasticsearch®, announced financial results for its third quarter of fiscal 2025 ended January 31, 2025. Third Quarter Fiscal 2025 Financial Highlights "We exceeded guidance acros ...
SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Elastic N.V.
Prnewswire· 2025-02-27 15:46
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Elastic N.V. due to significant changes in its sales operations that allegedly misled investors regarding the company's revenue guidance for FY 2025 [2][4]. Group 1: Legal Investigation and Claims - Faruqi & Faruqi, LLP is encouraging investors who suffered losses exceeding $100,000 in Elastic between May 31, 2024, and August 29, 2024, to discuss their legal rights [1]. - The firm is investigating claims against Elastic and reminds investors of the April 14, 2025, deadline to seek the role of lead plaintiff in a federal securities class action [2]. - The complaint alleges that Elastic and its executives violated federal securities laws by making false statements and failing to disclose significant operational changes that disrupted sales [4]. Group 2: Financial Performance and Guidance - On August 29, 2024, Elastic announced a revised FY 2025 revenue guidance of $1.436 billion to $1.444 billion, reflecting a decrease from the previous guidance of $1.468 billion to $1.48 billion [5]. - The new guidance indicates a 14% year-over-year growth at the midpoint, down from the earlier forecast of 16% [5]. - The company attributed the revenue guidance cut to a slower start to the year and disruptions caused by segmentation changes in its sales operations [5]. Group 3: Market Reaction - Following the announcement of the revised revenue guidance, Elastic's share price fell by $27.45, or 26.49%, closing at $76.19 per share on August 30, 2024 [6]. Group 4: Class Action Participation - The lead plaintiff in the class action will be the investor with the largest financial interest who is adequate and typical of class members [7]. - Any member of the putative class can move the Court to serve as lead plaintiff or choose to remain an absent class member without affecting their ability to share in any recovery [7]. Group 5: Additional Information - Faruqi & Faruqi, LLP is also seeking information regarding Elastic's conduct from whistleblowers, former employees, and shareholders [8].
Class Action Filed Against Elastic N.V. (ESTC) Seeking Recovery for Investors - Contact The Gross Law Firm
Prnewswire· 2025-02-27 10:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Elastic N.V. regarding a class action lawsuit due to alleged misleading statements and operational disruptions affecting sales during FY 2025 [1][2]. Summary by Relevant Sections Allegations - The complaint alleges that Elastic N.V. made materially false and misleading statements during the class period from May 31, 2024, to August 29, 2024 [1]. - Key allegations include significant changes to sales operations, particularly in the Americas, which disrupted sales in the first quarter of FY 2025 [1]. - It is claimed that these changes led to an overstatement of the stability of Elastic's sales operations and that the company was unlikely to meet its previously issued revenue guidance for FY 2025 [1]. Class Action Details - Shareholders who purchased shares during the specified class period are encouraged to register for the class action, with a deadline of April 14, 2025, to seek lead plaintiff status [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [2]. Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].
Robbins LLP Reminds Elastic N.V. (ESTC) Investors with Large Losses to Contact the Firm to Learn How They Can Recover for Their Losses
Prnewswire· 2025-02-27 01:53
Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of investors who purchased Elastic N.V. (NYSE: ESTC) securities between May 31, 2024, and August 29, 2024, alleging that the company misled investors regarding the stability of its sales operations [1][2]. Allegations - The complaint states that Elastic failed to disclose significant changes to its sales operations, particularly affecting customer segments in the Americas [2]. - These changes disrupted sales operations during the first quarter of FY 2025, leading to an overstatement of the stability of Elastic's sales operations [2]. - As a result, Elastic was unlikely to meet its previously issued revenue guidance for FY 2025, making the defendants' public statements materially false and misleading [2]. Financial Impact - On August 29, 2024, Elastic announced its financial results for the first quarter of FY 2025, which included a reduction in its revenue guidance for FY 2025 [3]. - Following this announcement, Elastic's share price fell by $27.45, or 26.49%, closing at $76.19 per share on August 30, 2024 [3]. Class Action Participation - Shareholders interested in serving as lead plaintiffs in the class action must do so by April 14, 2025, but participation is not required to be eligible for recovery [4]. - Those who choose not to participate can remain absent class members [4]. About Robbins LLP - Robbins LLP is recognized for its leadership in shareholder rights litigation, focusing on helping shareholders recover losses and improve corporate governance since 2002 [5].
Levi & Korsinsky Notifies Elastic N.V. Investors of a Class Action Lawsuit and Upcoming Deadline - ESTC
Prnewswire· 2025-02-25 10:45
Core Viewpoint - A class action securities lawsuit has been filed against Elastic N.V. alleging securities fraud that affected investors between May 31, 2024, and August 29, 2024 [1] Group 1: Allegations of Fraud - The lawsuit claims that Elastic made false statements and concealed significant changes to its sales operations, particularly affecting customer segments in the Americas [2] - It is alleged that these changes disrupted Elastic's sales operations during the first quarter of FY 2025, leading to an overstatement of the stability of its sales operations [2] - As a result of these issues, Elastic is unlikely to meet its previously issued revenue guidance for FY 2025, making the defendants' public statements materially false and misleading [2] Group 2: Legal Process and Participation - Investors who suffered losses in Elastic during the relevant timeframe have until April 14, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the United States [4]
Contact The Gross Law Firm by April 14, 2025 Deadline to Join Class Action Against Elastic N.V.(ESTC)
Prnewswire· 2025-02-24 10:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Elastic N.V. regarding a class action lawsuit due to alleged misleading statements and operational disruptions affecting sales during FY 2025 [1]. Group 1: Allegations - The complaint alleges that Elastic made materially false and misleading statements during the class period from May 31, 2024, to August 29, 2024 [1]. - Significant changes were implemented in Elastic's sales operations, particularly affecting customer segments in the Americas, which disrupted sales operations in the first quarter of FY 2025 [1]. - As a result of these changes, Elastic was unlikely to meet its previously issued revenue guidance for FY 2025, leading to overstated stability in its sales operations [1]. Group 2: Class Action Details - Shareholders who purchased shares of ESTC during the specified class period are encouraged to register for the class action, with a deadline for lead plaintiff appointment set for April 14, 2025 [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the status of the case [2]. - Participation in the case incurs no cost or obligation for the shareholders [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].
Elastic N.V. (ESTC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-02-21 17:00
Core Viewpoint - Investors in Elastic N.V. have the opportunity to lead a securities fraud class action lawsuit due to substantial losses incurred as a result of misleading statements made by the company regarding its sales operations and revenue guidance [1][3]. Group 1: Lawsuit Details - The lawsuit alleges that between May 31, 2024, and August 29, 2024, Elastic failed to disclose significant changes to its sales operations, particularly affecting customer segments in the Americas [3]. - It is claimed that these changes disrupted Elastic's sales operations during the first quarter of FY 2025, leading to an overstatement of the stability of its sales operations [3]. - As a result of these issues, Elastic was unlikely to meet its previously issued revenue guidance for FY 2025, and the company's positive statements about its business were materially misleading [3]. Group 2: Participation Information - Investors who suffered losses in Elastic N.V. are encouraged to contact the Law Offices of Howard G. Smith before April 14, 2025, to participate in the ongoing lawsuit [2][4]. - Interested parties can reach out via email, phone, or visit the law firm's website for more information regarding their legal rights and the class action [2][4].
Levi & Korsinsky Notifies Shareholders of Elastic N.V.(ESTC) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2025-02-21 10:45
Core Viewpoint - A class action securities lawsuit has been filed against Elastic N.V. for alleged securities fraud affecting investors between May 31, 2024, and August 29, 2024 [1][2]. Group 1: Lawsuit Details - The complaint alleges that Elastic made false statements regarding significant changes to its sales operations, particularly affecting customer segments in the Americas [2]. - It is claimed that these changes disrupted Elastic's sales operations during the first quarter of FY 2025, leading to an overstatement of the stability of its sales operations [2]. - As a result of these issues, Elastic is unlikely to meet its previously issued revenue guidance for FY 2025, rendering the defendants' public statements materially false and misleading [2]. Group 2: Next Steps for Investors - Investors who suffered losses in Elastic during the relevant timeframe have until April 14, 2025, to request the Court to appoint them as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the United States [4].
Elastic N.V. Sued for Securities Law Violations - Contact The Gross Law Firm Before April 14, 2025 to Discuss Your Rights - ESTC
Prnewswire· 2025-02-20 10:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Elastic N.V. regarding a class action lawsuit due to alleged misleading statements and operational disruptions affecting sales during FY 2025 [1]. Group 1: Allegations and Impact - The complaint alleges that Elastic made materially false and misleading statements and failed to disclose significant changes to its sales operations, particularly in the Americas [1]. - These changes disrupted Elastic's sales operations in the first quarter of FY 2025, leading to an overstatement of the stability of its sales operations [1]. - As a result, Elastic is unlikely to meet its previously issued revenue guidance for FY 2025, making the defendants' public statements materially false and misleading [1]. Group 2: Class Action Details - The class period for the lawsuit is from May 31, 2024, to August 29, 2024, and shareholders are encouraged to register for participation [2]. - The deadline for shareholders to seek lead plaintiff status is April 14, 2025, and there is no cost or obligation to participate in the case [2]. Group 3: Law Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].