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Image Credit: Siliconangle

Elastic shares surge 16% as company beats quarterly earnings and revenue expectations

  • Shares of Elastic N.V. surged 16% after beating earnings and revenue expectations in Q2 2025.
  • Adjusted earnings per share stood at 50 cents, up from 37 cents in the same quarter last year.
  • Total revenue reached $365 million, up 18% YoY, surpassing the expected $354.3 million.
  • Elastic's net expansion rate came in at 112%, with increased customer spending and a growing customer base.

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