NYSE:ESTCSoftware
Why Elastic (ESTC) Is Up 9.7% After Strong Q1 Growth and Upbeat Full-Year Outlook
Elastic N.V. recently reported first quarter results with revenue rising to US$415.29 million and net losses shrinking compared to the previous year, while also providing guidance for continued double-digit revenue growth into the next quarter and full fiscal year.
This combination of steady revenue growth and improved profitability signals that the company's focus on operational efficiency and innovation may be gaining traction with customers.
We'll examine how Elastic's upgraded full-year...