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 Janesh Moorjani, the company's chief financial officer, will present at the virtual Goldman Sachs Technology and Internet Conference on January 12, 2021, at 11:50 a.m. PT / 2:50 p.m. ET. A live webcast and replay will be accessible on Elastic’s Investor Relations page. Founded in 2012, Elastic specializes in enterprise search, observability, and security solutions, leveraging a unified technology stack for real-time data usability across various applications.
Elastic (NYSE: ESTC) reported robust second quarter fiscal 2021 results, achieving a total revenue of $144.9 million, up 43% year-over-year. SaaS revenue surged 81% to $37.4 million, while calculated billings rose 42% to $177.7 million. Deferred revenue reached $309.2 million, indicating a 54% increase. Despite a GAAP operating loss of $28.4 million, the subscription customer count grew to over 12,900. For Q3 fiscal 2021, revenue guidance is projected between $145 million and $147 million, reflecting potential impacts from the COVID-19 pandemic.
Elastic (NYSE: ESTC) has announced that its founder and CEO, Shay Banon, will present at the Barclays Global Technology, Media, and Telecommunications Conference on December 9, 2020, at 10:30 a.m. PT/1:30 p.m. ET. A live webcast will be accessible on Elastic's Investor Relations page, with a replay available for two months. Elastic, founded in 2012, specializes in enterprise search, observability, and security, utilizing a unified technology stack. The company advocates for open-source solutions, making data usable in real-time for various applications.
Elastic (NYSE: ESTC) will announce its financial results for Q2 fiscal 2021, ending October 31, 2020, on December 2, 2020, after U.S. market close. A conference call to discuss these results is scheduled for 2:00 p.m. PT/5:00 p.m. ET on the same day. The call will be accessible via live webcast on the Elastic investor relations site. A replay will be available for two months. Elastic specializes in search solutions and provides products for enterprise search, observability, and security built on a unified technology stack.
Elastic, trading as ESTC on the NYSE, has unveiled new features for Elastic Observability, enhancing user experience monitoring and synthetic testing to optimize digital interactions. The newly introduced User Experience app in Kibana provides insights into essential metrics like paint time and Core Web Vitals. Additionally, a dev preview of synthetic monitoring allows for complex user flow simulations. These advancements aim to improve customer satisfaction, reduce service costs, and boost conversion rates, aligning with findings from McKinsey Digital that emphasize the value of enhanced customer experiences.
Elastic (NYSE: ESTC) has announced the beta launch of searchable snapshots, a new feature allowing businesses to store and search large data cost-effectively. This innovation targets operational complexities and system resiliency while enabling customers to transition to lower-cost storage options like Amazon S3 and Azure Storage. The new cold storage tier helps reduce operational costs and simplifies data management. Future releases will introduce a frozen storage tier, further enhancing data retention and insights potential.
Elastic (NYSE: ESTC) announced significant updates across its Enterprise Search, Observability, and Security solutions aimed at reducing storage costs without sacrificing performance. The beta launch of searchable snapshots allows users to efficiently manage data across various storage tiers, enhancing decision-making and reducing expenses. Additional features include user experience monitoring for website optimization and the general availability of Kibana Lens, a tool for intuitive data visualization.
Elastic (NYSE: ESTC) successfully hosted its inaugural fully virtual ElasticON Global event, featuring a public sector day, 19 keynotes, and over 300 breakout sessions. CEO Shay Banon introduced new product innovations aimed at enhancing data insights. The partnership with Google Cloud was highlighted, showcasing collaboration benefits for clients. Key discussions featured insights from major clients like Wells Fargo and Shell International. The event offered strategies for deploying Elasticsearch on Azure and introduced a program to support veterans in tech through 'Operation Giving Back.'
Elastic (NYSE: ESTC) has partnered with VetsinTech to enhance career opportunities for veterans transitioning to tech roles. The collaboration will offer free training, mentorship, and professional development aimed at addressing the high underemployment rates facing veterans. With 18 million veterans in the U.S., recent studies indicate they are 37% more likely to be underemployed compared to nonveterans. The partnership was announced during the ElasticON Global user conference, reflecting the company’s commitment to inclusivity and support for military communities.
