| (USD) | Jan 2024 | Q/Q |
|---|---|---|
| Revenue | 328MM | +6% |
| Gross Profit | 243.3MM | +6% |
| Cost Of Revenue | 84.6MM | +6% |
| Operating Income | -26.4MM | +23% |
| Operating Expenses | 269.7MM | +7% |
| Net Income | 176.1MM | -810% |
| R&D | 87.2MM | +9% |
| G&A | 40.9MM | +6% |
| Marketing | 141.6MM | +6% |
| Amortization | 3.2MM | -18% |
| Interest Expense | 6.4MM | +0% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
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Data software players like MongoDB, Elastic and Confluent hope to cash in on a new wave of AI spending. Here's what analysts are predicting.
SAN FRANCISCO, April 11, 2024--Elastic (NYSE: ESTC), the company behind Elasticsearch®, today announced the Elasticsearch open inference API supports Cohere’s Rerank 3 model. As the first vector database to support Cohere Rerank 3, Elasticsearch now enables developers to benefit from greater semantic relevance to keyword and vector search retrieval for prompting large language models (LLMs).
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As the Q4 earnings season wraps, let's dig into this quarter's best and worst performers in the data infrastructure industry, including C3.ai (NYSE:AI) and its peers.
Let's dig into the relative performance of Elastic (NYSE:ESTC) and its peers as we unravel the now-completed Q4 data infrastructure earnings season.
SAN FRANCISCO, April 03, 2024--Elastic (NYSE: ESTC), the company behind Elasticsearch®, today announced the Elasticsearch open Inference API now supports Cohere’s text embedding models. This includes Elasticsearch native support for efficient int8 embeddings, which optimize performance and reduce memory cost for semantic search across the large datasets commonly found in enterprise scenarios.
Key Insights Using the 2 Stage Free Cash Flow to Equity, Elastic fair value estimate is US$82.04 Elastic's US$100 share...
SAN FRANCISCO, March 27, 2024--Elastic® (NYSE: ESTC) ("Elastic"), the company behind Elasticsearch®, today announced the winners and honorees of its Elastic Excellence Awards. The awards celebrate organizations and individuals demonstrating ingenuity and resilience by pushing the limits of data search, observability, and security with groundbreaking implementations.
SAN FRANCISCO, March 26, 2024--New research by Elastic (NYSE: ESTC), the company behind Elasticsearch®, found nearly all (99%) global IT decision makers, regardless of region or industry, recognize generative AI’s (GenAI) transformative potential to influence change within their organizations. However, early adoption continues to be slowed by chaotic data estates, search challenges, and fears around privacy and security, regulation, and internal skills gaps.
In this article, we will take a detailed look at Corporate Insiders are Dumping These 11 Tech Stocks. For a quick overview of such stocks, read our article Corporate Insiders are Dumping These 5 Tech Stocks. The US stock market is on track to conclude a solid week on Friday, as the Federal Reserve’s latest statement saying it’s still […]