Elastic N.V. Reports Strong Fourth Quarter and Fiscal 2019 Financial Results
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Elastic NV. (ESTC) PT Raised to $135 at BofA/Merrill Lynch
June 6, 2019 9:21 AM EDTBofA/Merrill Lynch analyst Kash Rangan raised the price target on Elastic NV. (NYSE: ESTC) to $135.00 (from $115.00) while maintaining a Buy rating following the company's 4Q. revenues grew +68% y/y CC, coming in 4% ahead of street estimates. However stock was down 2% after hours... More
Elastic N.V. (ESTC) Reports In-Line Q4 EPS, Revenues Beat; Offers Q1 & FY20 EPS/Revenue Guidance Above Consensus
June 5, 2019 4:18 PM EDTElastic N.V. (NYSE: ESTC) reported Q4 EPS of ($0.28), in-line with the analyst estimate of ($0.28). Revenue for the quarter came in at $80.6 million versus the consensus estimate of $75.28 million.
Fourth Quarter Fiscal 2019 Financial Highlights
Total revenue was $80.6 million, an increase of 63% year-over-year, or 68% on a constant currency basis.Calculated billings was $115.4... More