Elastic: Rebound Isn't As Strong As It Appears
Elastic's (NYSE: ESTC ) Q1 results significantly surprised to the upside, with revenue growth reaccelerating and margins continuing to improve. First quarter strength was reportedly broad based, although Elastic's results probably weren't as strong as the headline numbers suggest. The results of companies like Snowflake (Richard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena b ...