Elastic N.V. (NYSE: ESTC) is known for its search and analytics tools that make AI-powered data organization possible. Its Elasticsearch product allows users to quickly complete full-text searches ...
Elastic beat Q2 earnings expectations with $0.64 per share versus the expected $0.58, yet the stock fell 16.2%. The recent 43-day government shutdown delayed several expected contracts. At 4.8 times ...
Generative AI could be boosting growth for Elastic. While it needs to show more progress, the company's customers may be willing to spend more money in the new year, which is an important development.