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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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Elastic N.V

Elastic NV engages in the provision of open-source search and analytics engine services. It offers Elastic Stack, a set of software products that ingest and store data from various sources and formats, as well as perform search, analysis, and visualization. The firms Elastic Stack product comprises Elasticsearch, a distributed, real-time search and analytics engine, and data store for various types of data, including textual, numerical, geospatial, structured, and unstructured, Kibana, a user interface, management, and configuration interface for the Elastic Stack, Beats, a single-purpose data shippers for sending data from edge machines to Elasticsearch or Logstash, and Logstash, a data processing pipeline for ingesting data into Elasticsearch or other storage systems. It also provides software solutions on the Elastic Stack that address cases, including app search, site search, enterprise search, logging, metrics, application performance management, business analytics, and security analytics. Its products are used by individual developers and organizations of a range of industries. The company was founded by Shay Banon, Uri Boness, Steven Schuurman, and Simon Willnauer on February 9, 2012, and is headquartered in Mountain View, CA.

Earnings data Q3 2021

Earnings data Q4 2021

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Elastic reports 19% YoY revenue growth and focuses on cloud partnerships and AI capabilities

Elastic's Q4 performance reflects strong revenue growth and customer expansion. The company is navigating macro challenges while capitalizing on opportunities in cloud partnerships and AI capabilities. It remains committed to delivering profitable growth and margin expansion.

Elastic reports strong Q1 performance, eyes growth opportunities

Elastic's Q1 performance reflects strong revenue growth and customer engagement, driven by generative AI and consolidation trends. The company faces challenges in timing AI impact and the interrelation between gen AI and consolidation, but sees opportunities in market events and enterprise-focused growth.

Elastic N.V. (ESTC) surpasses Q3 revenue targets, eyes profitable growth

Elastic N.V. delivered strong financial performance in Q3 2023, exceeding revenue guidance and showcasing competitive strengths
Challenges in deal cycles and net expansion rate decline are being addressed, with a focus on driving growth and profitability
Opportunities lie in revenue growth for fiscal '24, attracting higher-value customers, and providing value through consumption-based pricing

Elastic reports strong Q4 revenue growth and strategic partnerships

Elastic's Q4 performance reflects solid revenue growth and client retention.
Strategic partnerships and product enhancements position Elastic for continued success.
Balancing growth opportunities with operational challenges key to sustained performance.

Elastic N.V (ESTC) posts robust Q1 results, eyes generative AI growth

Elastic N.V (ESTC) reports strong Q1 performance with revenue growth, margin exceeding expectations, and raised guidance for the fiscal year.
Strengths lie in generative AI applications, cloud hyperscaler partnerships, and enterprise-focused strategy driving growth and customer retention.
Challenges include balancing growth investments with profitability and addressing the compute-intensive nature of ML capabilities.
Opportunities exist in expanding generative AI applications, optimizing costs, and capitalizing on consolidation trends for platform adoption.

Elastic N.V (ESTC) reports robust Q2 performance and strategic growth

Elastic N.V (ESTC) delivered strong financial results in Q2 2024, driven by robust revenue growth and strategic acquisitions, positioning the company for continued success.
The focus on generative AI, platform enhancements, and customer consolidation underscores Elastic's commitment to innovation and customer value.
While challenges in sustaining cloud revenue growth and optimizing revenue streams exist, Elastic's strengths in AI capabilities, security solutions, and customer trust provide a solid foundation for future growth.

Elastic N.V (ESTC) beats Q3 targets, eyes GenAI expansion

Elastic N.V (ESTC) reported strong Q3 performance, exceeding revenue and profitability expectations.
Customer interest in Generative AI and Elastic's platform strengths drove growth in Elastic Cloud and customer acquisitions.
Challenges include managing profitability in Q4 and balancing investments for long-term growth in fiscal '25.
Opportunities lie in new leadership additions, AI adoption patterns, and expanding market segments like GenAI and ESQL.

Elastic N.V (ESTC) posts robust Q4 results amid growth opportunities

Elastic N.V (ESTC) reported strong Q4 performance with revenue growth, customer wins, and profitability metrics reflecting a solid financial position.
Challenges include addressing analyst inquiries on pricing impacts and sustaining growth across different customer segments amidst market uncertainties.
Opportunities lie in cloud business investments, strategic partnerships, and continued customer acquisition through GenAI adoption and revenue ramping strategies.
Overall, Elastic's focus on innovation, customer value, and market expansion positions them for sustained growth and revenue optimization in the coming fiscal year.

Elastic N.V. (ESTC) reports 18% revenue growth, focuses on generative AI

Elastic N.V. (ESTC) navigated challenges in customer commitments, focusing on generative AI opportunities and search business acceleration.
Strategic initiatives like the Elastic Express Migration program and AGPL license option aim to drive growth and community engagement.
The company is committed to improving sales execution, balancing investments, and targeting profitable growth with increased operating margins.

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Elastic NV is a data analytics company, which engages in the provision of open-source search and analytics engine services. It operates through the United States, the Netherlands, United Kingdom, India, and Rest of World geographical segments. The company was founded by Shay Banon, Uri Boness, Steven Schuurman, and Simon Willnauer on February 9, 2012 and is headquartered in Mountain View, CA.

Shares were up more than 20% in early trading Friday.

Elastic Stock Soars on Higher Guidance. AI Is Key for Success.

Elastic NV (NYSE:ESTC) shares were up nearly 22% on Friday morning in premarket trading after delivering a fiscal 2Q 2024 earnings beat. The American-Dutch tech company reported earnings of $0.37 per share, exceeding the consensus estimate of $0.24, with quarterly sales reaching $310.6 million, surpassing the analyst target of $304.1 million.

Elastic NV delivers strong fiscal 2Q earnings beat and positive outlook

Elastic N.V. (NYSE:ESTC ) Q2 2024 Earnings Conference Call November 30, 2023 5:00 PM ET Company Participants Anthony Luscri - VP, IR Ashutosh Kulkarni - CEO Janesh Moorjani - CFO and COO Conference Call Participants Brent Thill - Jefferies Raimo Lenschow - Barclays Harshil Thakkar - Oppenheimer Pinjalim Bora - JPMorgan Brad Reback - Stifel Matthew Hedberg - RBC Capital Markets Yitchuin Wong - Citi Kash Rangan - Goldman Sachs Koji Ikeda - Bank of America Securities Rob Owens - Piper Sandler Andrew Nowinski - Wells Fargo Shrenik Kothari - Robert Baird Kingsley Crane - Canaccord Michael Cikos - Needham and Company Operator Good afternoon, and welcome to the Elastic Second Quarter Fiscal 2024 Earnings Results Conference Call.

Elastic N.V. (ESTC) Q2 2024 Earnings Call Transcript

Although the revenue and EPS for Elastic (ESTC) give a sense of how its business performed in the quarter ended October 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About Elastic (ESTC) Q2 Earnings

ESTC stock surged late Thursday after data analytics company Elastic reported adjusted EPS of 37 cents, $311 million in sales.

Elastic Stock Surges After Tech Leader Reports Earnings Ahead Of Estimates

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced it has completed the acquisition of Opster, the creators of AutoOps and other tools used to help users get more out of their Elastic deployments. “I'm excited to welcome Ziv Segal and the Opster team as we continue our journey to make search better,” said Ken Exner, chief product officer, Elastic. “Joining forces will open up opportunities initially through AutoOps, which helps E.

Elastic Completes Acquisition of Opster

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced financial results for its second quarter of fiscal 2024 ended October 31, 2023. Second Quarter Fiscal 2024 Financial Highlights Total revenue was $311 million, an increase of 17% year-over-year, or 16% on a constant currency basis Elastic Cloud revenue was $135 million, an increase of 31% year-over-year, or 30% on a constant currency basis GAAP operating loss was $22 million; GAAP oper.

Elastic Reports Second Quarter Fiscal 2024 Financial Results

Elastic offers unique tools for modern data management, making it pivotal in fast data discovery for AI applications. The company demonstrates consistent double-digit revenue growth and positive cash flow, showcasing financial resilience. ESTC's premium valuation may be justified by its remarkable growth rates, margin expansions, and promising prospects in the AI domain.

Elastic: A Solid Buy For The Age Of Data Despite Premium Valuation

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced that it will release its financial results for its second quarter fiscal 2024 ended October 31, 2023 after the U.S. market close on Thursday, November 30, 2023. The company will host a conference call at 2:00 p.m. PT/ 5:00 p.m. ET that day to review its financial results and business outlook. A live webcast and replay of the conference call will be accessible from the Elastic investor.

Elastic to Announce Second Quarter Fiscal 2024 Earnings Results on Thursday, November 30, 2023

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced an agreement to acquire Opster, the creators of AutoOps, a powerful platform that provides deep insight to automatically detect and resolve issues with cluster health, improve search performance, and reduce hardware costs. “We are excited to welcome the Opster team to Elastic,” said Ken Exner, chief product officer, Elastic. “Opster will help our users get more out of their Elast.

Elastic Announces Intent to Acquire Opster

SAN FRANCISCO--(BUSINESS WIRE)--Elastic® (NYSE: ESTC) ("Elastic"), the company behind Elasticsearch®, today announced Elasticsearch Query Language (ES|QL), its new piped query language designed to transform, enrich and simplify data investigation with concurrent processing. ES|QL enables site reliability engineers (SREs), developers and security professionals to perform data aggregation and analysis across a variety of data sources from a single query. Over the last two decades, the data landsc.

Elastic Unveils Dedicated Query Language to Simplify Data Investigation

Cloudflare

Morningstar analysts expect Cloudflare and Elastic to grow revenue at rapid clip in the coming years. Cloudflare has the fastest developer platform on the market, which positions it to be a key provider of compute services for AI applications.

A Bull Market Is Coming: 2 Growth Stocks Could Increase Sales 139% and 332% in 5 Years, According to Wall Street Analysts

Elastic, an infrastructure software company, has performed well in a down market, with a 50% increase in stock price this year. Revenue growth has held in the high teens alongside strong net retention rates. Elastic's suite of tools for enterprise search, security, and APM, along with its recurring revenue model and profitability, contribute to its positive outlook.

Elastic: Steady Investment In Unsteady Times

SAN FRANCISCO--(BUSINESS WIRE)--Elastic® (NYSE: ESTC) ("Elastic"), the company behind Elasticsearch®, today announced its second Elastic Global Threat Report, issued by Elastic Security Labs. Based on observations from more than 1 billion data points over the last 12 months, the report reveals ransomware is expanding and diversifying; more than half of all observed malware infections were on Linux systems; and credential access techniques have become an essential part of the cloud intrusion pro.

Elastic Global Threat Report 2023 Reveals Dominance of Ransomware

ASML Hld

Taiwan Semiconductor Manufacturing

Every emerging sector has its picks-and-shovels stocks that represent the crucial tools and equipment necessary to take advantage of opportunities. Gold prospectors required picks and shovels during the California gold rush of 1848.

Outsmart the Market With These 3 AI Picks-And-Shovels Stocks

SAN FRANCISCO--(BUSINESS WIRE)--Elastic® (NYSE: ESTC) ("Elastic"), the company behind Elasticsearch®, today announced the appointment of Abhishek Singh as general manager for Observability. Singh will oversee the evolution of Elastic Observability, which converges all types of telemetry data, including metrics, logs, and traces for unified visibility and actionable AI-powered insights. He will help spearhead the delivery of rapid advancements like the Elastic AI Assistant for Observability, whi.

Elastic Appoints Abhishek Singh as General Manager for Observability

Elastic's stock has performed well recently, on the back of improved sentiment from Elastic's exposure to generative AI and vector databases. While ESTC is well positioned to benefit from the use of generative AI in enterprise search, its competitive positioning in the relatively large observability and security markets remains weak. Elastic is no longer an obvious buy based on valuation alone, and further share price gains will likely require a significant improvement in growth/profitability.

Elastic: Improved Sentiment May Not Be Justified

SAN FRANCISCO--(BUSINESS WIRE)--Elastic® (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced that its shareholders elected Paul Auvil to its board of directors at the 2023 annual general meeting of shareholders that took place earlier today. The term of office for Mr. Auvil will expire at the end of the 2026 annual general meeting of shareholders. Mr. Auvil will bring more than 35 years of finance, technology, and corporate leadership experience to the Elastic Board of.

Paul Auvil Elected to Elastic's Board of Directors

Cisco's purchase of Splunk could lead to a wave of M&A in the software industry. Elastic N.V. could benefit from the Cisco-Splunk deal and potentially become a target for acquisition. Elastic's platform, which integrates AI and machine learning, could see further growth as demand for AI tools and data-intensive solutions increases.

Elastic N.V. Can Ride The Wave Of Generative AI

Alteryx

Braze

Cisco NASDAQ: CSCO surprised the market when it reiterated an intention to buy Splunk NASDAQ: SPLK. While some analysts wonder why the deal was proposed, others look to see which stocks are up next for acquisition.

3 Growing Tech Stocks To Put On Your M&A Watchlist

SAN FRANCISCO--(BUSINESS WIRE)--Elastic® (NYSE: ESTC) ("Elastic"), the company behind Elasticsearch®, today announced the launch of Elastic AI Assistant for Observability and general availability of Universal Profiling™, providing site reliability engineers (SREs), at all levels of expertise, with context-aware, relevant, and actionable operational insights that are specific to their IT environment. Today's IT operations teams face an ever-evolving roster of systems challenges and issues unique.

Elastic Announces AI Assistant for Observability and General Availability of Universal Profiling

Elastic NV (NYSE:ESTC) shares surged 22% to $75.22 in afternoon trading on Friday after the Netherlands-based data analytics company saw its first quarter fiscal 2024 revenue rise 17% year over year to $293.75 million, surpassing the analyst consensus forecast of $284.44 million.    Its adjusted earnings per share (EPS) for period, meanwhile, came in at $0.25, more than doubling expectations of $0.11.

Elastic stock snaps sharply higher as 1Q results blow past estimates

Elastic easily exceeded expectations for revenue and earnings with its fiscal first-quarter 2024 report yesterday after the market closed. Management credited customers' continued consolidation of vendors as they adopt Elastic as their preferred AI-powered search platform.

Why Elastic Stock Skyrocketed Today

Elastic N.V. (NYSE:ESTC ) Q1 2024 Earnings Conference Call August 31, 2023 5:00 PM ET Company Participants Janice Oh - IR Ashutosh Kulkarni - CEO Janesh Moorjani - CFO and COO Conference Call Participants Tyler Radke - Citi Koji Ikeda - Bank of America Jacob Roberge - William Blair Matt Swanson - RBC Capital Markets Raimo Lenschow - Barclays Stephen Schwartz - Wells Fargo Bo Yin - Jefferies Ethan Weeks - Piper Sandler Kingsley Crane - Canaccord Shrenik Kothari - Baird Operator Good day and welcome to the Elastic First Quarter Fiscal 2024 Earnings Results Conference Call.

Elastic N.V. (ESTC) Q1 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Elastic (ESTC) give a sense of how the business performed in the quarter ended July 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

News for Elastic N.V Stock (ESTC)