Elastic N.V. (ESTC) Faces Downgrade but Shows Positive Financial Results
Elastic N.V. (NYSE:ESTC) was downgraded to Neutral by Monness due to a perceived lack of excitement in Q2 performance.The company reported adjusted earnings of 64 cents per share, surpassing analyst estimates, and a quarterly revenue of 398 million, a 17% increase year-over-year, showcasing the company's financial resilience and growth potential.Elastic N.V. (NYSE: ESTC), known as the Search ...