ESTC · Elastic N.V.

Elastic NV ESTC

Provides the Elasticsearch-based Elastic Stack and Kibana software for search, observability, and security analytics used by businesses.

Industry
Technology
Listed on
New York Stock Exchange
IPO
2018-10-05
Website
elastic.co

Daily brief

Elastic surges on earnings beat and raised full-year guidance

+19.31% to $99.91 from $83.74

What moved ESTC

  • Elastic reported first-quarter fiscal 2027 revenue of $478 million, up 15% year over year, with adjusted EPS of 70 cents beating the consensus estimate of 58 cents.
  • Sales-led subscription revenue rose 18% year over year to $399 million, with adjusted operating margin of 16.2% coming in above guidance.
  • The company raised fiscal 2027 adjusted EPS guidance to $3.29-$3.37 from $3.21-$3.29, and lifted its full-year revenue outlook to $1.998-$2.010 billion.
  • Shares were up more than 18% in trading following the report.

Sources: GuruFocus · Yahoo Finance

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