Elastic ended fiscal 2022 with more than $860 million in cash and cash equivalents. While the firm has since taken on debt of more than $500 million recently, we believe Elastic's cash generation over ...
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the company behind Elasticsearch®, today announced new vector database performance gains with Elasticsearch and Apache Lucene, with up to 8x speed ...
Elastic stands out as a "growth at a reasonable price" investment with mid-teens growth, strong retention, and trades at under 5x revenue, making it attractive after a recent 15% pullback. Its ...