Elastic: Rebound Isn't As Strong As It Appears (NYSE:ESTC)
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 ...