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ESTC News and Press, Elastic N.V. From 05/30/24

Stock Information

Company Name: Elastic N.V.
Stock Symbol: ESTC
Market: NYSE
Website: elastic.co

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ESTC - Elastic Non-GAAP EPS of $0.21 beats by $0.01, revenue of $335M beats by $5.21M

2024-05-30 16:21:19 ET More on Elastic Elastic: Chasing The Narrative Elastic: GenAI Tailwinds Will Take Awhile To Manifest; Valuation Is Already Full Elastic Q4 2024 Earnings Preview Elastic N.V. initiated at Buy due to AI search opportunity: UBS See...

ESTC - Elastic Reports Fourth Quarter and Fiscal 2024 Financial Results

Q4 Revenue of $335 million, up 20% year-over-year (20% in constant currency) Q4 Elastic Cloud Revenue of $148 million, up 32% year-over-year (32% in constant currency) FY24 Revenue of $1.267 billion, up 19% year-over-year (18% in constant currency) Elastic (NYSE: ESTC)...

ESTC - Expected US Company Earnings on Thursday, May 30th, 2024

Macquarie Group Ltd ADR (MQBKY) is expected to report for Q4 2024 Hormel Foods Corporation (HRL) is expected to report $0.35 for Q2 2024 Howden Joinery Group Plc ADR (HWDJY) is expected to report for Q1 2024 Eiger BioPharmaceuticals Inc. (EIGRQ) is expected to report for Q1 2024 M...

ESTC - Elastic Q4 2024 Earnings Preview

2024-05-29 17:35:25 ET More on Elastic Elastic: Chasing The Narrative Elastic: GenAI Tailwinds Will Take Awhile To Manifest; Valuation Is Already Full Elastic N.V. (ESTC) Q3 2024 Earnings Call Transcript Elastic N.V. initiated at Buy due to AI search opportun...

ESTC - Earnings week ahead: Salesforce, Costco, Canopy Growth, Dell, Dollar General, and more

2024-05-26 08:00:00 ET More on related stocks: After Doubling, A Downgrade For DICK'S Sporting Goods Is Prudent Salesforce: A Strong Buy Before Q1 Earnings Digital Turbine Q4 Earnings Preview: Potential Inflection Point Gap expected to surprise Wall Street wi...

ESTC - Elastic N.V. initiated at Buy due to AI search opportunity: UBS

2024-05-22 09:08:51 ET "We spoke with 20+ customers, partners and industry experts and conclude that Elastic has a better AI opportunity than is currently priced into the stock at 6.9x CY25E revenues," said UBS analysts Austin Dietz and Karl Keirstead, in a note. Read the full...

ESTC - Elasticsearch Open Inference API Now Supports Microsoft Azure AI Studio

Developers can now natively use the Elasticsearch vector database to store and utilize embeddings from models hosted on Azure AI Studio Elastic (NYSE: ESTC) today announced the Elasticsearch open inference API supports integration with the model catalog hosted in Microsoft Azure...

ESTC - Buy Recommendation Issued On ESTC By UBS

2024-05-22 05:30:04 ET UBS analyst issues BUY recommendation for ESTC on May 22, 2024 02:00AM ET. The previous analyst recommendation was Neutral. ESTC was trading at $109.4 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current analyst ...

ESTC - Elasticsearch Delivers Performance Increase for Users Running the Elastic Search AI Platform on Arm-based Architectures

Benchmarking in preview provides up to 37% better performance on Microsoft Cobalt 100 Arm-based VMs Elastic (NYSE: ESTC), today announced new Elasticsearch benchmarking on the preview of Azure Cobalt 100 Arm-based virtual machines. This resulted in up to 37% higher throughput perfor...

ESTC - Elastic to Announce Fourth Quarter and Fiscal 2024 Earnings Results on Thursday, May 30, 2024

Elastic (NYSE: ESTC) (“Elastic”), the Search AI Company, announced that it will release its financial results for its fourth quarter and fiscal 2024 ended April 30, 2024 after the U.S. market close on Thursday, May 30, 2024. The company will host a conference call at 2:00 p.m. PT/ 5...

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