Research Note: Elastic Fiscal Q2 2024 Earnings

Elastic this week released its fiscal Q2 2024 earnings, handily beating consensus estimates for both revenue and EPS.

This Research Note explores Elastic’s earnings for the quarter, taking a special look at the impact of generative AI on the company’s business.

Disclosure: The author is an industry analyst, and NAND Research an industry analyst firm, that engages in, or has engaged in, research, analysis, and advisory services with many technology companies, which may include those mentioned in this article. The author does not hold any equity positions with any company mentioned in this article.