Elastic Q1 beats and raises FY2027 guidance; premarket shares surge
Elastic reported adjusted Q1 earnings of 70 cents per share and sales of $478.113M. FY2027 adjusted EPS guidance was raised to $3.29-$3.37 and sales to $1.998B-$2.010B; ESTC shares jumped 21.8% to $101.95 premarket.
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