August 27, 2021

On Elastic

 As noted here, Elastic is a search company, but they power some of the world's top websites.  

"Elastic powers Uber's ride-hailing app, helping the company pair drivers with riders in close proximity. And Elastic powers the search engine behind Shopify's help documentation, enabling merchants to quickly find the appropriate information."

"According to DB Engines, Elastic is the most popular enterprise search engine on the market, outranking second-place Splunk by a wide margin."

The company just reported EPS of .04 as opposed to an expected .11 EPS loss.  The Fools owns shares.   

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