Elastic's Q3 Earnings: Strong Growth, Stock Drop
Update: 2025-11-20
Description
Elastics Q3 earnings show robust growth, beating analyst expectations with $423.5 million in sales, a 16% increase from last year. Despite this, stock price dropped. The company projects $438 million in Q4 revenue, 2% higher than predicted. CEO Ash Kulkarni praised AIs impact on business, with Elasticsearch powering global search functions.
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