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.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the data infrastructure industry, including Teradata (NYSETDC) and its peers.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the data infrastructure industry, including Elastic (NYSEESTC) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Confluent (NASDAQCFLT) and its peers.
Since June 2024, Elastic has been in a holding pattern, posting a small loss of 4.9% while floating around $103.68. The stock also fell short of the S&P 500’s 6.1% gain during that period.
Top performers last week: RIVN, RKLB, SRPT, EXAS, ESTC, ULTA, MRNA, RL, CPRT, SNAP. Any in your portfolio? Citigroup raises price target on ULTA and SNAP.
Shares of search software company Elastic (NYSEESTC)
jumped 6.6% in the morning session after Wedbush analyst Dan Ives upgraded Elastic and Snowflake, two of the SaaS stocks that reported strong financial results during the Q3 2024 earnings season.
