STOCK TITAN
  1. Home
  2. News
  3. ESTC

Elastic N.V - ESTC STOCK NEWS

Welcome to our dedicated news page for Elastic N.V (Ticker: ESTC), a resource for investors and traders seeking the latest updates and insights on Elastic N.V.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Elastic N.V's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Elastic N.V's position in the market.

News
Elasticsearch Open Inference API Supports Cohere Rerank 3
Rhea-AI Summary
Elastic (NYSE: ESTC) partners with Cohere to enhance semantic search retrieval with Elasticsearch open inference API supporting Cohere's Rerank 3 model. This integration provides developers with better search results and improved semantic relevance for large language models.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.65%
Tags
none
-
News
Elastic Adds Support for Cohere High-Performance Embeddings
Rhea-AI Summary
Elastic (NYSE: ESTC) announces native support for Cohere's text embedding models in Elasticsearch, offering up to 4x memory savings and 30% faster search without compromising quality. This collaboration aims to enhance semantic search capabilities for enterprise scenarios.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
Tags
none
-
News
New Research from Elastic Finds Conversational Search Could Yield Staggering Productivity Returns
Rhea-AI Summary
Elastic's research reveals the transformative potential of generative AI, with 99% of global IT decision-makers acknowledging its impact. Despite challenges like chaotic data estates and skills gaps, 88% plan increased investments in GenAI. Key findings show high enthusiasm for GenAI benefits like improved efficiency, customer experience, and decision-making, but adoption is hindered by security, regulation, and skills gap concerns. Organizations struggle with siloed data ecosystems, slow decision-making, and search capabilities. However, optimism remains for GenAI to address security and observability challenges.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.59%
Tags
none
News
Elastic Reports Third Quarter Fiscal 2024 Financial Results
Rhea-AI Summary
Elastic (NYSE: ESTC) reports Q3 revenue of $328 million, up 19% year-over-year, with Elastic Cloud revenue at $143 million, up 29%. The company's GAAP operating loss was $26 million, with a non-GAAP operating income of $43 million. Cash, cash equivalents, and marketable securities stood at $1.015 billion as of January 31, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.56%
Tags
earnings
-
News
Elastic to Present in Upcoming Investor Conference
Rhea-AI Summary
Elastic (ESTC) to present at Morgan Stanley Conference on March 6, 2024. Webcast available on Investor Relations page.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.61%
Tags
conferences
-
News
Elastic to Announce Third Quarter Fiscal 2024 Earnings Results on Thursday, February 29, 2024
Rhea-AI Summary
Elastic (NYSE: ESTC) will release its financial results for Q3 fiscal 2024 on January 31, 2024, after the U.S. market close. A conference call to review results and business outlook will follow.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.7%
Tags
earnings
News
Elastic Names Mark Dodds Chief Revenue Officer
Rhea-AI Summary
Former Cisco executive Mark Dodds joins Elastic (NYSE: ESTC) as chief revenue officer, bringing 23 years of global sales leadership experience to drive revenue growth and expand the leading search analytics platform. Dodds will oversee global go-to-market functions, including sales, customer success, solutions architecture, ecosystem and partnerships, and sales operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.23%
Tags
none
-
News
Elastic Completes Acquisition of Opster
Rhea-AI Summary
Elastic (NYSE: ESTC) has completed the acquisition of Opster, the creators of AutoOps and other tools used to help users get more out of their Elastic deployments. This acquisition is expected to open up opportunities for Elastic users through AutoOps and Opster's operational tools.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
37.13%
Tags
acquisition
-
News
Elastic Reports Second Quarter Fiscal 2024 Financial Results
Rhea-AI Summary
Elastic (NYSE: ESTC) reported Q2 revenue of $311 million, up 17% year-over-year, with Elastic Cloud revenue of $135 million, up 31% year-over-year. The GAAP operating loss was $22 million, while non-GAAP operating income was $41 million. The company expects total revenue for Q3 to be between $319 million and $321 million, representing 17% year-over-year growth at the midpoint.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
37.13%
Tags
earnings
News
Elastic to Present in Upcoming Investor Conference
Rhea-AI Summary
Elastic (ESTC) to Present at Barclays Global Technology Conference on December 7, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences
Stock ESTC logo
Elastic N.V

NYSE:ESTC

ESTC Rankings

#782 Ranked by Market Cap
#982 Ranked by Stock Gains
N/A Ranked by Dividends

ESTC Stock Data

9.80B
84.00M
17.25%
84.27%
3.77%
Software Publishers
Information
Link
Netherlands
Amsterdam

About ESTC

elastic is the world's leading software provider for making structured and unstructured data usable in real time for search, logging, security, and analytics use cases. founded in 2012 by the people behind the elasticsearch, kibana, beats, and logstash open source projects, elastic's global community has more than 80,000 members across 45 countries. since its initial release, elastic's products have achieved more than 100 million cumulative downloads. today thousands of organizations, including cisco, ebay, dell, goldman sachs, groupon, hp, microsoft, netflix, the new york times, uber, verizon, yelp, and wikipedia, use the elastic stack, x-pack, and elastic cloud to power mission-critical systems that drive new revenue opportunities and massive cost savings. elastic is backed by more than $104 million in funding from benchmark capital, index ventures, and nea; has headquarters in amsterdam, the netherlands, and mountain view, california; and has over 400 employees in more than 30 count