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 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.
Elastic (NYSE: ESTC) announces enhancements in its Elastic Enterprise Search platform with the release of version 7.14. Key updates include a single management interface in Kibana for streamlined access to App Search and Workplace Search. Users can benefit from new precision tuning capabilities, enabling more effective search result customization. Additionally, the release introduces indexing flexibility and synonym support, allowing users to tailor search relevancy without reindexing. These improvements aim to enhance user experience and operational efficiency in enterprise search.
Elastic (NYSE: ESTC) has unveiled significant enhancements in its Elastic Observability 7.14 release, aimed at optimizing telemetry collection, bolstering security, and expediting application root cause analysis. Key features include the general availability of Elastic Agent, which simplifies telemetry collection and reduces costs. Additionally, Fleet offers centralized management of Elastic Agents, integrating security within deployment processes. Updates to APM correlations enhance service performance analysis, decreasing mean-time-to-resolution (MTTR) for users.
Elastic (NYSE: ESTC) has unveiled significant updates across its Elastic Enterprise Search, Observability, and Security solutions. Key highlights include the launch of Elastic Agent for streamlined data management, the first free Limitless Extended Detection and Response (XDR), and enhanced security features that improve ransomware prevention. Additionally, support for Microsoft Azure Private Link is now generally available, enabling private cloud connections. These advancements are aimed at enhancing user visibility and control over data, thus supporting organizations in innovation and growth.
