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As the new CEO of the enterprise search specialist, Ashutosh Kulkarni is reorganising the company to focus on selling cloud software and expand into the lucrative observability and security domains.
Brown Advisory Inc. purchased a new position in shares of Elastic (NYSE:ESTC – Get Rating) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 54,515 shares of the company’s stock, valued at approximately $6,710,000. Other large investors have also recently added to […]
180 Wealth Advisors LLC boosted its position in Elastic (NYSE:ESTC – Get Rating) by 23.3% during the 4th quarter, HoldingsChannel reports. The firm owned 2,507 shares of the company’s stock after purchasing an additional 474 shares during the period. 180 Wealth Advisors LLC’s holdings in Elastic were worth $206,000 as of its most recent filing […]
Elastic (NYSE:ESTC – Get Rating) updated its FY 2022 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $-0.420-$-0.380 for the period, compared to the Thomson Reuters consensus estimate of $-0.530. The company issued revenue guidance of $853 million-$855 million, compared to the consensus revenue estimate of $832.91 million.Elastic also updated […]
Elastic (NYSE:ESTC – Get Rating) issued an update on its fourth quarter 2022 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $-0.240-$-0.200 for the period, compared to the Thomson Reuters consensus estimate of $-0.260. The company issued revenue guidance of $230 million-$232 million, compared to the consensus revenue estimate […]