Elastic N.V. (NYSE: ESTC), a leading search and data analytics company, surged 16.77% in after-hours trading on Thursday following its impressive Q3 2025 earnings report. The company reported better-than-expected financial results and raised its guidance, fueling investor optimism.
In the third quarter, Elastic posted non-GAAP earnings per share of $0.63, surpassing analysts' estimates of $0.47. Furthermore, the company's revenue soared to $382.1 million, outpacing Wall Street's projections of $368.7 million. This solid performance was driven by robust demand for Elastic's search and observability solutions across various industries.
Looking ahead, Elastic provided an upbeat outlook for the fourth quarter and fiscal year 2025. The company expects non-GAAP diluted earnings per share in the range of $0.36 to $0.37 on revenue between $379 million and $381 million for Q4. For the full fiscal year 2025, Elastic raised its non-GAAP diluted earnings per share guidance to $1.91 to $1.96 on revenue between $1.474 billion and $1.476 billion, exceeding analysts' expectations.