Elastic (NYSE:ESTC) reported quarterly losses of $(0.15) per share which beat the analyst consensus estimate of $(0.17) by 11.76 percent. This is a 475 percent decrease over earnings of $0.04 per share from the same period last year. The company reported quarterly sales of $250.08 million which beat the analyst consensus estimate of $246.07 million by 1.63 percent. This is a 29.51 percent increase over sales of $193.09 million the same period last year.
Barclays Maintains Overweight on Lumentum Holdings, Lowers Price Target to $80
Barclays analyst Tom O'Malley maintains Lumentum Holdings (NASDAQ:LITE) with a Overweight and lowers the price target from $95 to $80.
