Elastic Cloud revenue surged by 25%, reflecting the growing demand for cloud-based solutions. Key financial metrics revealed a GAAP operating loss of $4 million and a non-GAAP operating income of $64 ...

Elastic's success is driven by improving sales execution, profitability, and cash flow, along with increased demand for its generative AI-powered products. Read more here.

Elastic's recent earnings report exceeded expectations, leading to a 25% share price jump and promising near-term prospects ...