Elastic Q1 Adj. EPS $(0.15) Beats $(0.17) Estimate, Sales $250.08M Beat $246.07M Estimate

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

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.

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