What Investors Need to Know About Elastic's Q1 Earnings

Elastic (NYSE: ESTC) is a search company, but not in the traditional sense. Its software platform brings search functionality to a wide range of business use cases, allowing clients to ingest and analyze data. For instance, Elastic makes it possible to sift through corporate resources to find a particular document or file. The platform also logs billions of events each day, which helps IT and security teams troubleshoot application performance issues and remediate cyberattacks.

In this Backstage Pass video, which aired on Aug. 26, 2021, Motley Fool contributors Trevor Jennewine and Brian Withers discuss Elastic's Q1 earnings.

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Source Fool.com