Elastic N.V. (NYSE: ESTC), a leading provider of search and data analytics solutions, saw its stock surge 14.41% in Thursday's pre-market trading session following its impressive fiscal third-quarter 2025 earnings report and upbeat guidance.

In Q3, Elastic reported strong financial results that exceeded analysts' expectations. The company posted:

• Revenue of $382.1 million, up 16.5% year-over-year, beating consensus estimates of $368.7 million.

• Non-GAAP earnings per share of $0.63, significantly higher than the consensus estimate of $0.47.

Elastic's solid performance was driven by robust demand for its search, observability, and security solutions across various industries. The company's cloud revenue grew at an impressive 26% year-over-year, reaching $180 million.

Looking ahead, Elastic provided an optimistic outlook for the fourth quarter and raised its guidance for the full fiscal year 2025. The company raised its non-GAAP diluted earnings per share guidance to a range of $1.91 to $1.96 on revenue between $1.474 billion and $1.476 billion, exceeding analysts' projections.

Elastic's strong financial performance and raised guidance reflect the ongoing momentum in its business, fueled by its innovative products, solid sales execution, and the growing demand for generative AI solutions.