Elastic N.V. is a technology company that specializes in search, observability, and security solutions
The company develops the Elastic Stack, an integrated suite of open-source tools that allows organizations to efficiently index, search, and analyze vast amounts of data in real-time. Their products empower businesses to gain valuable insights from structured and unstructured data, making it easier to monitor infrastructure performance, enhance security measures, and optimize application development. Elastic's offerings are leveraged by companies worldwide to improve decision-making and enhance operational efficiencies across various industries.
Looking back on data infrastructure stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Confluent (NASDAQCFLT) and its peers.
Shares of search software company Elastic (NYSEESTC)
jumped 19.3% in the afternoon session after the company reported strong fiscal third-quarter 2025 results that exceeded analysts' billings expectations, leading to a beat on revenue, EPS, and adjusted operating income. Sales grew 17% year-on-year, driven by strong demand for Elastic Cloud, which saw a 26% increase, reflecting continued momentum in cloud adoption and the company's push toward AI-powered search capabilities. That momentum makes sense, especially with businesses increasingly consolidating AI search capabilities on a single platform.
CEO Ash Kulkarni said the company exceeded guidance across all profitability metrics, helped by strong sales execution, continued market demand for its products and innovation.
Search software company Elastic (NYSEESTC) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 16.5% year on year to $382.1 million. Guidance for next quarter’s revenue was better than expected at $380 million at the midpoint, 1.5% above analysts’ estimates. Its non-GAAP profit of $0.63 per share was 34.4% above analysts’ consensus estimates.
The regular session of the US market on Thursday is now over, but let's get a preview of the after-hours session and explore the top gainers and losers driving the post-market movements.
Elastic (NYSEESTC) (“Elastic”), the company behind Elasticsearch®, announced financial results for its third quarter of fiscal 2025 ended January 31, 2025.
Elastic ® (NYSEESTC) (“Elastic”), the company behind Elasticsearch®, today announced the appointment of Navam Welihinda as chief financial officer, effective February 28, 2025. In this role, Welihinda will serve as the Company’s principal financial officer and principal accounting officer.
NEW YORK, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Edison International (NYSEEIX), Elastic N.V. NYSE:ESTCNYSEESTC)(NASDAQ:NTLANASDAQNTLA, and Merck & Co., Inc. (NYSE: MRKNYSE). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.
Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Elastic N.V. (“Elastic” or “the Company”) (NYSEESTC) and certain of its officers.
SAN DIEGO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired Elastic N.V. (NYSEESTC) securities between May 31, 2024 and August 29, 2024. Elastic describes itself as “the Search AI [artificial intelligence] Company[.]”
Elastic (NYSEESTC), the Search AI Company, announced that its management will present at the Morgan Stanley Technology, Media & Telecom Conference on Wednesday, March 5, 2025 at 1:05 p.m. PT / 4:05 p.m. ET.
Elastic (NYSEESTC), the Search AI Company, announced the Elasticsearch Open Inference API now supports Jina AI’s latest embedding models and reranking products. Developers building semantic search and RAG applications with the Elasticsearch vector database now benefit from Jina AI’s high-performance, cost-effective tools for GenAI information retrieval and semantic applications. This integration includes support for multilingual text embeddings and multilingual reranking, and is optimized for retrieval, clustering, and classification.
Glancy Prongay & Murray LLP reminds investors of the upcoming April 14, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Elastic N.V. (“Elastic” or the “Company”) (NYSEESTC) securities between May 31, 2024 and August 29, 2024, inclusive (the “Class Period”).
SAN DIEGO, Feb. 18, 2025 (GLOBE NEWSWIRE) -- A class action lawsuit has been filed on behalf of all persons and entities who purchased or otherwise acquired ELASTIC N.V. (NYSEESTC) (“Elastic” or the “Company”) securities between May 31, 2024 and August 29, 2024 (the “Class Period”), charging the Company and certain senior executives with violations of the federal securities laws (collectively, “Defendants”).
The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of investors who purchased Elastic N.V. (“Elastic” or the “Company”) (NYSEESTC) securities between May 31, 2024 and August 29, 2024, inclusive (the “Class Period”). Elastic investors have until April 14, 2025 to file a lead plaintiff motion.
Law Offices of Howard G. Smith reminds investors of the upcoming April 14, 2025 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Elastic N.V. (“Elastic” or the “Company”) (NYSEESTC) securities between May 31, 2024 and August 29, 2024, inclusive (the “Class Period”).
Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Elastic N.V. (“Elastic” or “the Company”) (NYSEESTC) and certain of its officers.
