ESTC

Elastic reported today, kind of got lost in the talk about AYX and SQ.

Revenue grew 70% to 70.8M
Calculated Billings 68%
Deferred revenue grew 73%

For those that bother or care about guidance they came in a little above “consensus” for Q4 and FY19.

Will need to listen to the call, but not sure at first glance why shoes dropped in AH.

Kevin

13 Likes

And it’s not just AH. Stock is down 7-8% right now. I’m seeing a discount in AYX and SQ right now too but I have large enough allocations already. I could easily justify buying more ESTC however and will be digging into this and see if worth doing.

Bill

Listening to the conference call now…

“Groupon replacing Splunk with Elastic…”

Is this a trend?? hmmm…

Dominic
long ESTC

2 Likes