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28.08.26 - 10:30
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Zacks Investment Ideas feature highlights: QQQ, NVIDIA, CoreWeave, Nebius, TeraWulf, Cipher and IREN (Zacks)
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QQQ, NVIDIA, CoreWeave, Nebius, TeraWulf, Cipher and IREN have been highlighted in this Investment Ideas article....
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27.08.26 - 22:12
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Elastic Nominates Julia Liuson to Board of Directors (Business Wire)
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Veteran Microsoft technology executive brings deep expertise in AI, developer platforms and enterprise technologySAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) today announced that it has nominated Julia Liuson to its Board of Directors.
Liuson is a veteran technology executive with more than three decades of experience spanning software engineering, AI, developer platforms and enterprise technology. She most recently served as President of Microsoft's Developer Division, where she led technology and business strategy for Microsoft's developer tools and Azure developer platform. Her portfolio also included GitHub, where she helped drive the integration of AI into software development through GitHub Copilot.
Liuson joins Elastic at a time when AI is reshaping each of the markets the company serves. Organizations are building a new generation of AI applications and agents that can increasingly reason, act, and make decisions on behalf of users. They are also applying AI to some of the hardest proble...
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27.08.26 - 22:06
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Elastic Reports First Quarter Fiscal 2027 Financial Results (Business Wire)
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cRPO growth of 21% as reported and 20% on a constant currency basis
Q1 net additions to our >$100K ACV customer cohort reach the highest level to dateSAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced financial results for its first quarter of fiscal 2027 ended July 31, 2026.
First Quarter Fiscal 2027 Financial Highlights
Total revenue was $478 million, an increase of 15% year-over-year, as reported and on a constant currency basis
Total subscription revenue was $449 million, an increase of 15% year-over-year, as reported and on a constant currency basis
Sales-led subscription revenue (calculated as subscription revenue excluding Monthly Elastic Cloud) was $399 million, an increase of 18% year-over-year, or 17% on a constant currency basis
Current remaining performance obligations were $1.153 billion, an increase of 21% year-over-year, or 20% on a constant currency basis
Remaining performance obligations were $1.854 billion, an increase of 27% year-over-year, as reporte...
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