Elastic Stock: No SaaSpocalypse Here As Revenue Continues To Accelerate (NYSE:ESTC)

· seekingalpha.com

Elastic stock jumped 15% on strong Q1 earnings and raised guidance. Net expansion rates exceeded 110%. Here's what investors need to know about ESTC stock.

There's no doubt about it: the month of August has been defined by a meaningful rebound in software stocks. The "SaaSpocalypse" narrative has dissipated almost ...


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