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Campbell's reported fiscal fourth-quarter adjusted EPS of 39 cents in line with estimates, but sales of $2.137 billion missed consensus and fiscal 2027 adjusted EPS guidance of $1.65 to $1.80 fell below the $1.85 estimate.
Elastic is cutting its workforce by about 7% to simplify team structures
Elastic plans to eliminate around 7% of its workforce as part of an organizational realignment, anticipating $22-25 million in non-recurring cash charges.