NYSE:ESTCSoftware
Elastic (ESTC) Is Up 20.0% After Strong Q1 Beat And Higher FY27 Guidance - Has The Bull Case Changed?
Elastic N.V. recently reported first-quarter fiscal 2027 results showing revenue of US$478.11 million and a net loss of US$16.73 million, while also confirming that non-executive director Caryn Marooney will step down after her term ends in October 2026.
The company paired this performance with revenue guidance of US$486 million to US$487 million for the second quarter and US$1.998 billion to US$2.01 billion for fiscal 2027, underscoring management’s confidence in ongoing customer growth and...