SHAREHOLDER ALERT: Investigation of Elastic N.V. (ESTC) Announced by Holzer & Holzer, LLC

Globe Newswire 30-Aug-2024 12:36 PM

ATLANTA, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Elastic N.V. ("Elastic" or the "Company") (NYSE:ESTC) complied with federal securities laws. On August 29, 2024, Elastic announced its financial results for its first quarter ended July 31, 2024, and revised annual revenue guidance, stating: "we had a slower start to the year with the volume of customer commitments impacted by segmentation changes that we made at the beginning of the year, which are taking longer than expected to settle." Following this news, the price of the Company's stock dropped.

If you purchased Elastic stock and suffered?a?loss on that investment, you are encouraged to contact Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/elastic/ to discuss your legal rights.

Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, and 2023, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct.?More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.

CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com