Welcome to our dedicated page for Elastic N.V. news (Ticker: ESTC), a resource for investors and traders seeking the latest updates and insights on Elastic N.V. stock.
Elastic N.V. (NYSE: ESTC) delivers cutting-edge solutions for search, security, and data analytics, empowering enterprises to transform complex data into actionable insights. This dedicated news hub provides investors and technology professionals with essential updates directly from the company and verified sources.
Access official press releases detailing product innovations, financial results, and strategic partnerships. Our curated collection includes analysis of Elastic's advancements in observability tools, cloud services, and enterprise search capabilities - critical components of modern data infrastructure.
Key coverage areas include quarterly earnings disclosures, security solution updates, and technology partnership announcements. Stay informed about Elastic's open source developments and enterprise software enhancements that drive operational efficiency across industries.
Bookmark this page for streamlined access to Elastic's latest business developments. Regularly updated with verified information, this resource supports informed analysis of the company's market position and technological leadership in real-time data processing solutions.
Elastic (NYSE: ESTC) announced its recognition in the 2021 Gartner Magic Quadrant for Security Information and Event Management (SIEM). This highlights Elastic Security's capabilities in threat detection, incident response, and analytics within a unified platform. The solution is noted for its scalability, flexibility, and user support, helping organizations to combat sophisticated attacks. Elastic Security received a high customer rating of 4.7 out of 5 based on 50 reviews on Gartner Peer Insights as of June 30, 2021.
Elastic N.V. (NYSE: ESTC) has priced its offering of $575 million in 4.125% senior notes due 2029, increasing the amount by $75 million from previous announcements. The offering is exempt from SEC registration and is set to close on July 6, 2021. Proceeds are intended for general corporate purposes, including potential acquisitions. The notes are restricted to qualified institutional buyers and non-U.S. persons. Forward-looking statements about the offering carry inherent risks, as completion is not guaranteed. For more, consult Elastic's SEC filings.
Elastic N.V. (NYSE: ESTC) plans to offer $500 million in senior notes due 2029 in a private offering exempt from the U.S. Securities Act registration. The net proceeds will be used for general corporate purposes, including capital expenditures and potential acquisitions. The offering targets qualified institutional buyers and non-U.S. persons. The notes will not be registered, and the offering is subject to market conditions and risks, with no guarantee of completion. Forward-looking statements indicate uncertainties that could affect outcomes.
Elastic (NYSE: ESTC) has released a Forrester Consulting study revealing that its Security and Observability solutions yield an average ROI of 358% over three years, with companies recouping their investment in under six months. The report highlights $19 million in quantified benefits, including significant reductions in operations and licensing costs. Key findings include up to 10X performance improvement, $5.9 million in infrastructure savings, and a 40% decrease in data breach risk, showcasing the effectiveness of Elastic’s platform in enhancing operational efficiency and security.
Elastic (NYSE: ESTC) reported strong fourth quarter and full fiscal year results for the period ending April 30, 2021. Q4 revenue reached $177.6 million, a 44% year-over-year increase, with SaaS revenue rising 77%. Full fiscal year revenue hit $608.5 million, up 42%. Despite revenue growth, GAAP operating loss was $129.5 million for the year. The company expects Q1 FY2022 revenue between $171 million and $173 million. CEO Shay Banon stated strong demand positions Elastic toward becoming a billion-dollar company by fiscal year 2023.
Elastic (NYSE: ESTC) announces updates in its Elastic Security 7.13 release, enhancing support for osquery, an open-source host instrumentation framework. A new beta feature allows security teams to manage osquery results efficiently, enabling easy orchestration across Windows, macOS, and Linux hosts. Users can ingest osquery data into Elasticsearch, facilitating live queries and centralized security analytics. Enhanced capabilities include prebuilt SQL queries and Kibana assistance for improved user experience.
Elastic (NYSE: ESTC) announced new features in its Elastic Enterprise Search 7.13 release, including Dropbox integrations and a beta version of the App Search precision tuning API. The updates allow for expanded content sources in Workplace Search, which will now support Dropbox Paper with full document permission synchronization. The new precision tuning API offers enhanced control over search result accuracy, and custom source management APIs improve data ingestion from various platforms.
Elastic (NYSE: ESTC) announced that Janesh Moorjani, CFO, will present at several upcoming virtual investor conferences:
- Bank of America Global Technology Conference on June 8, 2021, at 1:45 p.m. PT / 4:45 p.m. ET
- Stifel Cross Sector Insight Conference on June 9, 2021, at 1:00 p.m. PT / 4:00 p.m. ET
- Baird Global Consumer, Technology & Services Conference on June 10, 2021, at 12:10 p.m. PT / 3:10 p.m. ET
A live webcast will be available on Elastic’s Investor Relations page.
Elastic (NYSE: ESTC) has announced the release of new features in its Elastic Observability solution with the 7.13 update, enhancing integrations in Microsoft Azure. These updates include native Azure console integration, the beta release of Fleet Server, and improved troubleshooting views in Elastic APM. The integration allows users to onboard logs and metrics efficiently, while Fleet Server centralizes management of Elastic Agents. Enhancements also accelerate root cause analysis, thereby reducing mean-time-to-resolution (MTTR) for service-related issues.
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