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Elastic delights investors with earnings and revenue beats
- Elastic N.V. reported a strong earnings and revenue beat in the third quarter.
- The company's earnings per share were 63 cents, higher than the consensus target of 47 cents.
- Revenue for the period grew 17% to $382.1 million, surpassing the forecast of $368.3 million.
- Elastic's stock rose over 14% in after-hours trading.
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