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), frequently described as the Search AI Company, generates a steady flow of news around search, artificial intelligence, observability, and security. This page aggregates news coverage and press releases about Elastic, giving investors and technology professionals a single place to review its latest product announcements, partnerships, financial updates, and strategic initiatives.
Company news often highlights advances in the Search AI Platform, including enhancements to Elasticsearch as a document and vector database for generative AI and knowledge discovery. Elastic reports on new capabilities such as Agent Builder for building AI agents on enterprise data, Elastic Inference Service for GPU-accelerated inference, and agentic AI features embedded in observability and security products. These updates show how the company is positioning its platform for AI-native, search-powered applications.
Elastic also issues news on its observability offerings, including innovations in the Elastic Distribution of OpenTelemetry (EDOT), managed OTLP endpoints, and features like Streams that apply agentic AI to log analysis. Announcements frequently describe integrations with major cloud and AI ecosystems, such as Amazon Bedrock AgentCore, Azure AI Foundry, and Google Vertex AI, reflecting Elastic’s focus on open standards and interoperability.
Security and public sector developments are another recurring theme. Elastic has announced a partnership with the Cybersecurity and Infrastructure Security Agency (CISA) and ECS to build a FedRAMP-hosted SIEM-as-a-Service platform for U.S. federal civilian agencies, as well as a strategic investment in Siren to support AI-driven investigations for national security and financial crime. Investors can also find earnings releases, conference participation notices, and recognition from analyst firms such as IDC and Forrester, which provide additional context on Elastic’s market positioning.
By reviewing this news feed regularly, readers can follow how Elastic’s technology, partnerships, and financial disclosures evolve over time and how these developments relate to ESTC stock and the broader software and AI landscape.
Elastic (NYSE: ESTC) announced details for its free virtual conference, ElasticON Global, set for Oct. 5-7, 2021. Themed “Solve,” the event will feature keynotes from notable figures, including CEO Shay Banon and Microsoft EVP Scott Guthrie. Attendees can participate in over 100 technical sessions, hands-on workshops, and training courses aimed at enhancing their skills in Elastic’s offerings. The company will also donate for each participant to support World Central Kitchen and Girlstart, continuing its philanthropic efforts.
Elastic (NYSE: ESTC) has released the HashiCorp verified Elastic Cloud Terraform provider, enhancing infrastructure management for users of HashiCorp Terraform. This provider automates data infrastructure deployment, enabling IT teams to manage Elastic deployments as code across multiple cloud environments. Key features include deployment autoscaling, configuration management, and plugin management. The collaboration aims to improve operational efficiency for enterprise IT teams and managed service providers.
Elastic has completed the acquisition of build.security, a platform that enhances cloud-native security by enabling organizations to enforce security policies using the Open Policy Agent standard. This acquisition aims to help users eliminate security blind spots, mitigate threats, and strengthen their cloud security posture in accordance with established standards like CIS benchmarks. Build.security's co-founder and CEO, Amit Kanfer, will join Elastic's team. Financial details of the transaction have not been disclosed.
Elastic (NYSE: ESTC) announced that chief financial officer Janesh Moorjani will participate in three upcoming virtual investor conferences. These include the Piper Sandler Global Technology Conference on September 13, 2021, the Jefferies Virtual Software Conference on September 14, 2021, and the Citi 2021 Global Technology Virtual Conference on September 15, 2021. A live webcast and replay will be available on Elastic’s Investor Relations page. Founded in 2012, Elastic focuses on enterprise search, observability, and security, making data usable in real time.
Elastic (NYSE: ESTC) has nominated Shelley Leibowitz to its Board of Directors. Leibowitz brings over 30 years of IT and business governance experience, having served as CIO for Morgan Stanley and The World Bank. Her extensive background includes board roles at E*TRADE and MassMutual. Leibowitz emphasized the excitement of joining Elastic during a period of rapid adoption of its products. Upon successful election at the annual general meeting on October 1, 2021, she will also join the Audit Committee and Nominating and Corporate Governance Committee.
Elastic (NYSE: ESTC) announced a definitive agreement to acquire Cmd, enhancing its cloud security capabilities. Cmd specializes in infrastructure detection and response, enabling deep visibility into cloud workloads for advanced security measures. This acquisition aims to integrate Cmd's capabilities into Elastic's existing security platform, Elastic Limitless XDR, combining security information management, endpoint, and cloud security. The deal is expected to close in Elastic's fiscal second quarter, subject to standard closing conditions.
Elastic (NYSE: ESTC) reported strong Q1 FY22 results with total revenue of $193.1 million, a 50% year-over-year growth. Elastic Cloud revenue surged to $61.5 million, marking an 89% increase. Key metrics included 16,000 subscription customers and over 780 with ACV exceeding $100,000. The company experienced a GAAP net loss of $0.38 per share but achieved a non-GAAP EPS of $0.04. Financial guidance for Q2 projects revenue between $193 million and $195 million. Elastic also announced acquisitions and enhanced product offerings in security and search.
Elastic (NYSE: ESTC) has announced its acquisition of build.security, a policy definition and enforcement platform leveraging Open Policy Agent (OPA) technology, enhancing its security solutions. This move is aimed at extending Elastic’s Limitless Extended Detection and Response (XDR) capabilities, providing comprehensive security for cloud-native environments. The integration will allow for real-time security checks against established standards, further solidifying Elastic's leadership in security technology.
Elastic (NYSE: ESTC) will announce its financial results for Q1 fiscal 2022 on August 25, 2021, after market close. A conference call will follow at 2:00 p.m. PT/ 5:00 p.m. ET to discuss the results and future outlook. Investors can access the live webcast on Elastic's investor relations website, with a replay available for two months. Founded in 2012, Elastic provides solutions for enterprise search, observability, and security, enabling users to make data usable in real-time across various applications.
Elastic (NYSE: ESTC) has announced new features for the Elastic Stack and Elastic Cloud aimed at improving data management. The general availability of Elastic Agent, managed by Fleet, streamlines the integration of multiple data sources while enhancing endpoint security. New visualization capabilities in Kibana allow for faster ad hoc analytics. Furthermore, support for Microsoft Azure Private Link enhances data security with private connectivity. These updates are designed to simplify onboarding and management of data while meeting compliance requirements.