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After posting a solid earnings beat, Elastic’s stock bounced higher in extended trading

Photo: SiliconANGLE

What happened

Shares of the enterprise search software company Elastic N.V. soared more than 19% in extended trading today after the company delivered fiscal first-quarter results that easily beat Wall Street’s targets. The company reported earnings before certain costs such as stock compensation of 70 cents per share, breezing past the analyst consensus estimate of 58 cents. […] The post After posting a solid earnings beat, Elas…

Summary assembled by rule from the sources below

Sources