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Benzinga
Benzinga
Business
Avi Kapoor

Elastic Analysts Raise Their Forecasts After Upbeat Q1 Results

Elastic ESTC
Crypto,Trader,Investor,Broker,Using,Smartphone,App,Analyzing,Financial,Data

Elastic N.V. (NYSE:ESTC) reported better-than-expected first-quarter results and raised its FY2026 guidance.

Elastic reported quarterly earnings of 60 cents per share which beat the analyst consensus estimate of 42 cents per share. The company reported quarterly sales of $415.29 million which beat the analyst consensus estimate of $397.20 million.

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