Elastic Stock Drops After Q2 Earnings Despite Double Beat

Elastic N.V. (NYSE:ESTC) shares dropped after the company released its second-quarter earnings report after Thursday's closing bell. Here's a look at the details in the report. ESTC stock is moving. Watch the price action here.The Details: Elastic reported quarterly adjusted earnings of 64 cents per share, beating the analyst estimate of 58 cents. Quarterly revenue came in at $423.48 million, which beat the Street estimate of $418.16 million. Read Next: Nvidia Sell Signal? 3 Market Legends Dump The StockEla ...