Elastic raises FY2027 adj EPS and sales guidance versus estimates
Elastic raised FY2027 adjusted EPS guidance to $3.29-$3.37 from $3.21-$3.29, versus $3.24. It also lifted FY2027 sales to $1.998B-$2.010B from $1.985B-$2.000B, versus $1.993B.
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08:13:01 PM UTC
SquawkNews
Elastic shares are trading higher after the company reported better-than-expected Q1 financial results and issued Q2 sales guidance above estimates. Also, the company raised its FY27 guidance.
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