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Tag

estc

2 articles

U.S. Equities40d ago

Elastic Beats Q1, Guides to $2B Revenue on AI Push

Enterprise search platform ESTC surged 19 percent after posting $0.70 adjusted EPS—beating consensus by $0.12—and raising full-year growth guidance to 15 percent.

U.S. Equities40d ago

Elastic Raises Full-Year EPS Guidance as AI Adoption Grows

The enterprise search firm posted 15 percent revenue growth to $478 million in Q1 and raised full-year adjusted EPS guidance to $3.29-$3.37, above consensus estimates.