Cigna earnings beat by $0.04, revenue topped estimates
Investing.com - Elastic reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Elastic announced earnings per share of $0.00 on revenue of $264.4M. Analysts polled by Investing.com EPS of $-0.10 on revenue of $261.56M.
Elastic 's are down 50.29% and is trading at $61.19 , still down 61.59% from its 52 week high of $159.32 set on Wednesday, December 1, 2021.
Elastic follows other major Information Technology sector earnings this month
Elastic's report follows an earnings missed by NVIDIA on Wednesday, November 16, 2022, who reported EPS of $0.58 on revenue of $5.93B, EPS of $0.71 on revenue of $5.8B.
Cisco had beat expectations on Wednesday, November 16, 2022 with first quarter EPS of $0.86 on revenue of $13.6B, for EPS of $0.84 on revenue of $13.29B.
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