Elastic Earnings: More Heartache

MF3d/E+ via Getty Images Elastic N.V. (NYSE:ESTC) reported disappointing results in the first quarter of FY2025 and significantly lowered full-year guidance, attributing weakness to sales segmentation changes. It is hard not to feel that the company's problems extend beyond just this, though, with MongoDB, Inc.'s (MDB) expansion into search and CrowdStrike Holdings, Inc.'s (CRWD) success in SOC particularly points of concern. In some ways, I feel that Elastic is unfairly maligned. It continues to grow at a ...