Wall Street analysts forecast that Elastic (ESTC) will report quarterly earnings of $0.19 per share in its upcoming release, pointing to a year-over-year decline of 13.6%. It is anticipated that revenues will amount to $329.17 million, exhibiting an increase of 17.6% compared to the year-ago quarter. Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of th ...

Elastic (ESTC) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this software developer have returned -7.5%, compared to the Zacks S&P 500 composite's +0.8% change. During this period, the Zacks Technology Services industry, which Elastic falls in, has lost 1.6%. The key question now is: What could be the stock's future direction?While media releases or ru ...

海外行业报告 | 行业动态研究 FY24Q3 业绩略超一致预期，云收入增速放缓 事件： FY24Q3 总收入为 3.28 亿美元（同比+19%），略超彭博一致预期（3.2 亿 美元）；净利润-0.26 亿美元，营业利润率为-8%；Non- GAAP 净利润 0.43 亿美元，Non-GAAP 营业利润率为 13%。经营活动现金流为 0.52 亿美元， 调整后自由现金流为 0.63 亿美元。 分板块来看：订阅收入为 3.08 亿美元（同比+ 20%），超过彭博一致预期（2.99 亿美元），其中 Elastic Cloud 收入为 1.43 亿美元（同比+29%，得益于客户 的持续关注以及 Elasticsearch 平台整合），略超彭博一致预期。专业服务收 入 2000 万美元（同比+ 7%），略低于彭博一致预期（2100 万美元），专业 服务收入可能会根据服务提供的时间而呈现季节性波动。从地区来看，欧 洲、中东和非洲地区在本季度增长最快，其次是美洲和亚太及日本地区。 ESQL的推出使客户可以轻松地从现有的传统 SIEM解决方案迁移到 Elastic 平台。自 2023 年 11 月推出以来，引起客户极大兴趣， ...

Elastic (ESTC) reported $327.96 million in revenue for the quarter ended January 2024, representing a year-over-year increase of 19.4%. EPS of $0.36 for the same period compares to $0.17 a year ago.The reported revenue represents a surprise of +2.33% over the Zacks Consensus Estimate of $320.48 million. With the consensus EPS estimate being $0.31, the EPS surprise was +16.13%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...

Elastic (ESTC) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.13%. A quarter ago, it was expected that this software developer would post earnings of $0.24 per share when it actually produced earnings of $0.37, delivering a surprise of 54.17%.Over the last four quarters, the compa ...

GAAP to Non-GAAP Reconciliations Gross Profit and Gross Margin Amortization of acquired intangibles 3 Custom Code: Train, engineer and deploy model Power of the Commercial Model Years of ML & AI Expertise Threat Intelligence Automated Alerting AI Assistant Generative AI applications ● Resource-based pricing model ←> Consumption-based subscriptions on Elastic Cloud ● Subscriptions generally 1 to 3 years, invoiced annually in advance ● Elastic Cloud also has month-to-month web-based self-service option Februa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________________________________________________________________________________________________________________________________________ FORM ____________________________________________________________________________________________________________________10-Q ________________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 ...

Exhibit 99.1 Elastic Reports Third Quarter Fiscal 2024 Financial Results "Elastic delivered another strong quarter and I'm pleased with our momentum and execution that drove our third quarter results," said Ash Kulkarni, CEO, Elastic. "Customer interest in Generative AI, platform consolidation, and stability in cloud consumption patterns continued to drive momentum in our business in Q3. This reinforces our confidence in the business, and in our future growth as more companies choose our search analytics pl ...

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced that its management will present at the Morgan Stanley Technology, Media & Telecom Conference on Wednesday, March 6, 2024 at 8:45 a.m. PT / 11:45 a.m. ET. A live webcast and replay of the event will be available on Elastic’s Investor Relations page at ir.elastic.co. About Elastic Elastic (NYSE: ESTC) is a leading platform for search-powered solutions. Elastic understands it’s the answers, not ju ...

Sorapop/iStock via Getty Images Investment Thesis Elastic (ESTC) specializes in search analytics, offering a platform that allows businesses to swiftly search and analyze extensive datasets in real time. The stock had gone largely nowhere for a prologue period post-pandemic. But of late, on the back of its strong improvements in profitability, the stock is now once more attractive. According to my estimates, in fiscal 2025 (starting in May 2024) Elastic's underlying profitability will meaningfully increase ...