|Bid||0.00 x 1000|
|Ask||0.00 x 800|
|Day's range||55.59 - 57.33|
|52-week range||46.18 - 96.12|
|Beta (5Y monthly)||1.08|
|PE ratio (TTM)||N/A|
|Earnings date||30 May 2023 - 05 Jun 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||72.19|
Friday's rally was powered by Elastic's Q3 earnings report, which featured a bullish short-term growth outlook. Sales were up 27% in the period that ended in late January, after accounting for currency exchange rate shifts. The company saw especially strong demand for its cloud services platform, which was up 40% on that basis.
The headline numbers for Elastic (ESTC) give insight into how the company performed in the quarter ended January 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Good afternoon, and thank you for joining us on today's conference call to discuss Elastic's third quarter fiscal 2023 financial results. On the call, we have Ash Kulkarni, chief executive officer; and Janesh Moorjani, chief financial officer and chief operating officer.