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One specific area where experts recommend a more detailed approach is in the classification of different types of sexual harassment. Traditionally, sexual harassment has been broadly categorized into two main types: quid pro quo harassment, which involves the exchange of sexual favors for benefits, and hostile work environment harassment, which creates a pervasive and intimidating atmosphere based on sex. While these categories offer a useful framework for understanding sexual harassment, they may not capture the full range of behaviors that can constitute harassment.Unlike scores of people who scrambled for the blockbuster drugs Ozempic and Wegovy to lose weight in recent years, Danielle Griffin had no trouble getting them. The 38-year-old information technology worker from New Mexico had a prescription. Her pharmacy had the drugs in stock. And her health insurance covered all but $25 to $50 of the monthly cost. For Griffin, the hardest part of using the new drugs wasn’t access. It was finding out that the much-hyped medications didn’t really work for her. “I have been on Wegovy for a year and a half and have only lost 13 pounds,” said Griffin, who watches her diet, drinks plenty of water and exercises regularly. “I’ve done everything right with no success. It’s discouraging.” In clinical trials, most participants taking Wegovy or Mounjaro to treat obesity lost an average of 15% to 22% of their body weight — up to 50 pounds or more in many cases. But roughly 10% to 15% of patients in those trials were “nonresponders” who lost less than 5% of their body weight. Now that millions of people have used the drugs, several obesity experts told The Associated Press that perhaps 20% of patients — as many as 1 in 5 — may not respond well to the medications. It's a little-known consequence of the obesity drug boom, according to doctors who caution eager patients not to expect one-size-fits-all results. “It's all about explaining that different people have different responses,” said Dr. Fatima Cody Stanford, an obesity expert at Massachusetts General Hospital The drugs are known as GLP-1 receptor agonists because they mimic a hormone in the body known as glucagon-like peptide 1. Genetics, hormones and variability in how the brain regulates energy can all influence weight — and a person's response to the drugs, Stanford said. Medical conditions such as sleep apnea can prevent weight loss, as can certain common medications, such as antidepressants, steroids and contraceptives. “This is a disease that stems from the brain,” said Stanford. “The dysfunction may not be the same” from patient to patient. Despite such cautions, patients are often upset when they start getting the weekly injections but the numbers on the scale barely budge. “It can be devastating,” said Dr. Katherine Saunders, an obesity expert at Weill Cornell Medicine and co-founder of the obesity treatment company FlyteHealth. “With such high expectations, there’s so much room for disappointment.” That was the case for Griffin, who has battled obesity since childhood and hoped to shed 70 pounds using Wegovy. The drug helped reduce her appetite and lowered her risk of diabetes, but she saw little change in weight. “It’s an emotional roller coaster,” she said. “You want it to work like it does for everybody else.” The medications are typically prescribed along with eating behavior and lifestyle changes. It’s usually clear within weeks whether someone will respond to the drugs, said Dr. Jody Dushay, an endocrine specialist at Beth Israel Deaconess Medical Center. Weight loss typically begins right away and continues as the dosage increases. For some patients, that just doesn't happen. For others, side effects such as nausea, vomiting and diarrhea force them to halt the medications, Dushay said. In such situations, patients who were counting on the new drugs to pare pounds may think they’re out of options. “I tell them: It's not game over,” Dushay said. Trying a different version of the new class of drugs may help. Griffin, who didn't respond well to Wegovy, has started using Zepbound, which targets an additional hormone pathway in the body. After three months of using the drug, she has lost 7 pounds. “I'm hoping it's slow and steady,” she said. Other people respond well to older drugs, the experts said. Changing diet, exercise, sleep and stress habits can also have profound effects. Figuring out what works typically requires a doctor trained to treat obesity, Saunders noted. “Obesity is such a complex disease that really needs to be treated very comprehensively,” she said. “If what we’re prescribing doesn’t work, we always have a backup plan.” The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group. The AP is solely responsible for all content.
Avian influenza, commonly known as bird flu, poses a serious threat to both poultry populations and human health. The virus is primarily spread through direct contact with infected birds or their droppings, making it essential for farms to maintain stringent hygiene practices to prevent its transmission. In severe cases, avian influenza can lead to mass culling of poultry to prevent further outbreaks and protect public health.
Speculation about a possible interest rate hike by the BOJ has been fueled by recent economic data out of Japan, which has shown signs of resilience and strength. The country's GDP growth has remained robust, driven by solid domestic demand and an improving labor market. Inflation has also started to pick up, albeit slowly, with the BOJ targeting a 2% inflation rate over the medium term.
Another concerning aspect of this situation is the potential for mis-selling and misrepresentation by insurance agents. It is crucial for individuals, especially the elderly, to be cautious and discerning when purchasing insurance products. They should seek independent financial advice and carefully evaluate the suitability and necessity of each policy before making a commitment. In this case, the retiree may have been influenced by aggressive sales tactics or promises of unrealistic returns, leading to the accumulation of multiple unnecessary policies.
LeBron James, the legendary basketball player of the Los Angeles Lakers, has once again become the center of attention in the sports world. Recently, foreign media outlets have been hotly debating the topic of LeBron James' playing time and whether it is affecting his performance on the court. With the Lakers facing a challenging season, James' workload has come under scrutiny, raising questions about his ability to maintain peak performance at this stage of his career.
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Defence counsel Charles Petero advised Justice of the Peace John Whitta of this. JP Whitta informed the counsel that the defendant must appear in court. If the defendant is unable to do so due to health reasons, he should liaise with the court to arrange a Zoom appearance. The man, who has an interim name suppression, is charged with nine counts of inducing an indecent act on a girl under the age of 12 years, and indecent assault on a girl under 12 years. Police prosecutor senior sergeant Fairoa Tararo said the file against the accused was serious. The accused is currently on bail. ___________________ Defence lawyer Michelle Tangimama requested the court to allow Marsela Kareroa to travel to Mangaia on December 13 for family reasons. Kareroa is charged with three counts of theft. JP Whitta said the accused could travel to Mangaia, as long as it was within the Cook Islands The prosecution did not object. The matter has been adjourned to February 27, 2025, and the defendant was told not to apply for a new passport. Meanwhile, Tangimama has received the video footage from police in regards to the charges against Kareroa. ___________________ Well-known offender Lucas Kamana, who faces a joint burglary charge, and three counts of burglary, has admitted to all four charges. He will be sentenced on February 19, 2025, by three Justices of the Peace. The 23-year-old was arrested earlier this year and was bailed in July. He is accused of breaking in and entering three different homes in Tupapa on June 21 with the intent to commit a crime. On the morning of June 22, police alerted the public on their social media page that through their swift work, they apprehended an offender after a string of break-ins were reported in Kiikii, overnight. Police had said the first of three complaints came in at 11.23pm when a bag containing cash was stolen from a house. Police had said a 23-year-old male, who is “known to Police”, was caught during a search of the area. He was arrested and remanded into custody. ______________________ Tangata Maru, charged for careless driving and excess breath alcohol, entered a guilty plea and had her case adjourned to February 27, 2025 for sentencing. Maru was represented by defence Tangimama who two months ago, requested for police disclosure and a traffic history of her client. Maru was ordered not to apply for a passport. __________________ Dominic Matapo, whose excess blood alcohol case had been adjourned since March while he sought legal aid assistance, will be sentenced on February 27, 2025 after he entered a guilty plea on Thursday. Three months ago, the matter had been adjourned from March to October, because the application had not been received by the Court, and there was no record of it on file.As the legal battle continued, the family found themselves mired in a complex and emotionally taxing situation. The financial implications of the property dispute, coupled with the emotional toll it was taking on the family, only served to deepen the rift between them.In conclusion, the selection of "greed" as Taiwan's representative word for 2024 is a powerful and thought-provoking decision. It challenges societal norms, inspires critical reflection, and paves the way for meaningful change. As Taiwan embarks on a journey of self-discovery and renewal, the word "greed" serves as a guiding principle, calling upon individuals to transcend their selfish desires and build a more just, compassionate, and sustainable society for all.
Upon receiving reports of the incident, law enforcement agencies swiftly launched an investigation to ascertain the facts and identify the perpetrators. It was discovered that the suspects had a history of involvement in criminal activities and had been operating under the radar for some time. SAN FRANCISCO--(BUSINESS WIRE)--Nov 21, 2024-- the company behind Elasticsearch®, announced financial results for its second quarter of fiscal 2025 ended October 31, 2024. “Elastic delivered a strong second quarter supported by solid sales execution, exceeding our guidance across all revenue and profitability metrics,” said Ash Kulkarni, Chief Executive Officer, Elastic. “In Q2 we saw strong customer commitments with key wins across all our solution areas, with continued momentum in GenAI and platform consolidation. Our clear product differentiation, and our relentless pace of innovation is helping us become a natural choice for customers building GenAI applications.” The Company is providing the following guidance: For the third quarter of fiscal 2025 (ending January 31, 2025): For fiscal 2025 (ending April 30, 2025): The guidance assumes, among others, the following exchange rates: 1 Euro = 1.060 US Dollars; and 1 Great British Pound = 1.267 US Dollars. See the section titled “Forward-Looking Statements” below for information on the factors that could cause our actual results to differ materially from those expressed or implied in our forward-looking statements. We present historical and forward-looking non-GAAP financial measures in addition to, and not as a substitute for, or superior to, financial measures calculated in accordance with GAAP. See the section entitled “Statement Regarding Use of Non-GAAP Financial Measures” for an explanation of these non-GAAP measures. A reconciliation of forward-looking non-GAAP measures to the corresponding GAAP measures for operating margin and net loss per share is not available without unreasonable effort due to the uncertainty regarding, and the potential variability of, many of the costs and expenses that may be incurred in the future. These items necessary to reconcile such non-GAAP measures could be material and have a significant impact on the Company’s results computed in accordance with GAAP. Elastic also announced today that Janesh Moorjani, the Company’s Chief Financial Officer and Chief Operating Officer, will be leaving Elastic to pursue another opportunity and his last day with Elastic will be December 13, 2024. Eric Prengel, Elastic’s Group Vice President of Finance, has been appointed as interim Chief Financial Officer effective December 14, 2024. Prengel has been with Elastic for the past two years with broad responsibility for various FP&A and business partnership functions. Prior to joining Elastic, Prengel spent nearly 10 years at J.P. Morgan in various investment banking leadership roles. “I’d like to thank Janesh for all his contributions to Elastic over the past seven years. He has been a trusted colleague and a friend, and we wish him all the best as he pursues a new opportunity. Having worked closely with Eric during his time here, I am excited to have him step into the interim CFO role and I am confident in his disciplined leadership and ability to excel in this role,” said Kulkarni. Elastic’s executive management team will host a conference call today at 2:00 p.m. PT/5:00 p.m. ET to discuss the Company’s financial results and business outlook. A live audio webcast of the conference call will be available through Elastic’s Investor Relations website at ir.elastic.co. A presentation containing financial and operating information will be available at the same website. The replay of the webcast will also be available on the investor relations website. Elastic (NYSE: ESTC), the Search AI Company, enables everyone to find the answers they need in real-time using all their data, at scale. Elastic’s solutions for search, observability and security are built on the Elastic Search AI Platform, the development platform used by thousands of companies, including more than 50% of the Fortune 500. Learn more at elastic.co. and associated marks are trademarks or registered trademarks of Elastic N.V. and its subsidiaries. All other company and product names may be trademarks of their respective owners. This press release contains forward-looking statements that involve substantial risks and uncertainties, which include, but are not limited to, statements regarding our expected financial results for the fiscal quarter ending January 31, 2025 and the fiscal year ending April 30, 2025, the expected performance or benefits of our offerings, our product strategy and innovation, changes in leadership, expected market opportunities, and our ability to execute on those market opportunities. Actual outcomes and results may differ materially from those contemplated by these forward-looking statements due to uncertainties, risks, and changes in circumstances, including but not limited to those related to: our future financial performance, including our expectations regarding our revenue, cost of revenue, gross profit or gross margin, operating expenses (which include changes in sales and marketing, research and development and general and administrative expenses), and our ability to achieve and maintain future profitability; our ability to continue to deliver and improve our offerings and develop new offerings (including innovations around AI use cases); customer acceptance and purchase of our new and existing offerings; the expansion and adoption of our Elastic Cloud offerings; our ability to realize value from investments in the business; our ability to maintain and expand our user and customer base; the impact of the evolving macroeconomic and geopolitical environments on our business, operations, hiring and financial results, and on businesses and spending priorities of our customers and partners; the impact of our pricing model strategies on our business; the impact of our licensing model on the use and adoption of our software; the impact of foreign currency exchange rate fluctuations and the uncertain inflation and interest rate environment on our results; our international expansion strategy; our operating results and cash flows; the sufficiency of our capital resources; our ability to successfully execute our go-to-market strategy, our forecasts regarding our business; and general market, political, economic and business conditions. Any additional or unforeseen effect from the evolving macroeconomic and geopolitical environments may exacerbate these risks. Additional risks and uncertainties that could cause actual outcomes and results to differ materially from those expressed or implied in our forward-looking statements are included in our filings with the Securities and Exchange Commission (the “SEC”), including our Annual Report on Form 10-K for the fiscal year ended April 30, 2024 and subsequent reports filed with the SEC. SEC filings are available on the Investor Relations section of Elastic’s website at ir.elastic.co and the SEC’s website at . Elastic assumes no obligation to, and does not currently intend to, update any such forward-looking statements, except as required by law. In addition to our results determined in accordance with U.S. GAAP, we believe the non-GAAP measures listed below are useful in evaluating our operating performance. We use these non-GAAP financial measures to evaluate our ongoing operations and for internal planning and forecasting purposes. We believe that non-GAAP financial information, when taken collectively, may be helpful to investors because it provides consistency and comparability with past financial performance. However, non-GAAP financial information is presented for supplemental informational purposes only, has limitations as an analytical tool and should not be considered in isolation or as a substitute for financial information presented in accordance with U.S. GAAP. In addition, other companies, including companies in our industry, may calculate similarly-titled non-GAAP measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of our non-GAAP financial measures as tools for comparison. Investors are cautioned that there are a number of limitations associated with the use of non-GAAP financial measures and key metrics as analytical tools. Investors are encouraged to review the differences between GAAP financial measures and the corresponding non-GAAP financial measures, and not to rely on any single financial measure to evaluate our business. Reconciliations of historical GAAP financial measures to their respective historical non-GAAP financial measures are included below. In relation to constant currency non-GAAP financial measures, the only reconciling item between GAAP financial measures and non-GAAP financial measures is the effect of foreign currency rate fluctuations. Further details on how we calculate such effects can be found in the definition of “Constant Currency” below. We define non-GAAP gross profit and non-GAAP gross margin as GAAP gross profit and GAAP gross margin, respectively, excluding stock-based compensation expense and related employer taxes and amortization of acquired intangible assets. We believe non-GAAP gross profit and non-GAAP gross margin provide our management and investors consistency and comparability with our past financial performance and facilitate period-to-period comparisons of operations, as these metrics generally eliminate the effects of certain variables from period to period for reasons unrelated to overall operating performance. We define non-GAAP operating income and non-GAAP operating margin as GAAP operating loss and GAAP operating margin, respectively, excluding stock-based compensation expense and related employer taxes, amortization of acquired intangible assets, acquisition-related expenses, and restructuring and other related charges. We believe non-GAAP operating income and non-GAAP operating margin provide our management and investors consistency and comparability with our past financial performance and facilitate period-to-period comparisons of operations, as these metrics generally eliminate the effects of certain variables from period to period for reasons unrelated to overall operating performance. We define non-GAAP net income as GAAP loss, excluding stock-based compensation expense and related employer taxes, amortization of acquired intangible assets, acquisition-related expenses, restructuring and other related charges, and the related income tax effect of these adjustments as well as other significant tax adjustments. We define non-GAAP earnings per share, basic, as non-GAAP net income divided by weighted average shares outstanding and non-GAAP earnings per share, diluted, as non-GAAP net income divided by weighted average diluted shares outstanding, which includes the potentially dilutive effect of the company’s employee equity incentive plan awards. We believe non-GAAP earnings per share provides our management and investors consistency and comparability with our past financial performance and facilitates period-to-period comparisons of operations, as this metric generally eliminates the effects of certain variables from period to period for reasons unrelated to overall operating performance. Adjusted free cash flow is a non-GAAP financial measure that we define as net cash provided by (used in) operating activities adjusted for cash paid for interest less cash used for investing activities for purchases of property and equipment. Adjusted free cash flow margin is calculated as adjusted free cash flow divided by total revenue. Adjusted free cash flow does not represent residual cash flow available for discretionary expenditures since, among other things, we have mandatory debt service requirements. We compare the percent change in certain results from one period to another period using constant currency information to provide a framework for assessing how our business performed excluding the effect of foreign currency rate fluctuations. In presenting this information, current and comparative prior period results are converted into United States dollars at the exchange rates in effect on the last day of our prior fiscal year, rather than the actual exchange rates in effect during the respective periods. Elastic Investor Relations Elastic Corporate Communications Revenue Subscription $ 340,807 $ 287,743 $ 664,581 $ 557,990 Services 24,554 22,869 48,200 46,375 Total revenue 365,361 310,612 712,781 604,365 Cost of revenue Subscription 69,941 59,996 138,288 117,262 Services 23,238 20,093 46,648 40,304 Total cost of revenue 93,179 80,089 184,936 157,566 Gross profit 272,182 230,523 527,845 446,799 Operating expenses Research and development 88,163 80,108 177,495 160,798 Sales and marketing 144,274 133,230 301,631 266,399 General and administrative 44,085 38,695 86,758 76,634 Restructuring and other related charges 86 29 225 754 Total operating expenses 276,608 252,062 566,109 504,585 Operating loss (4,426 ) (21,539 ) (38,264 ) (57,786 ) Other income, net Interest expense (6,462 ) (6,349 ) (12,988 ) (12,655 ) Other income, net 9,106 8,239 20,314 15,539 Loss before income taxes (1,782 ) (19,649 ) (30,938 ) (54,902 ) Provision for income taxes 23,668 5,147 43,739 18,402 Net loss $ (25,450 ) $ (24,796 ) $ (74,677 ) $ (73,304 ) Net loss per share attributable to ordinary shareholders, basic and diluted $ (0.25 ) $ (0.25 ) $ (0.73 ) $ (0.74 ) Weighted-average shares used to compute net loss per share attributable to ordinary shareholders, basic and diluted 103,238,740 99,073,401 102,761,588 98,507,725 Current assets: Cash and cash equivalents $ 658,508 $ 540,397 Restricted cash 3,320 2,692 Marketable securities 539,062 544,002 Accounts receivable, net of allowance for credit losses of $4,992 and $4,979 as of October 31, 2024 and April 30, 2024, respectively 256,068 323,011 Deferred contract acquisition costs 77,129 78,030 Prepaid expenses and other current assets 41,667 42,765 Total current assets 1,575,754 1,530,897 Property and equipment, net 5,005 5,453 Goodwill 319,417 319,380 Operating lease right-of-use assets 16,433 20,506 Intangible assets, net 14,506 20,620 Deferred contract acquisition costs, non-current 106,120 114,509 Deferred tax assets 187,204 225,544 Other assets 7,061 5,657 Total assets $ 2,231,500 $ 2,242,566 Current liabilities: Accounts payable $ 23,557 $ 26,075 Accrued expenses and other liabilities 75,979 75,292 Accrued compensation and benefits 72,511 93,691 Operating lease liabilities 10,525 12,187 Deferred revenue 608,157 663,846 Total current liabilities 790,729 871,091 Deferred revenue, non-current 37,548 30,293 Long-term debt, net 569,165 568,612 Operating lease liabilities, non-current 9,621 12,898 Other liabilities, non-current 12,919 21,487 Total liabilities 1,419,982 1,504,381 Shareholders’ equity: Preference shares, €0.01 par value; 165,000,000 shares authorized, 0 shares issued and outstanding as of October 31, 2024 and April 30, 2024 — — Ordinary shares, par value €0.01 per share: 165,000,000 shares authorized; 103,631,086 shares issued and outstanding as of October 31, 2024 and 101,705,935 shares issued and outstanding as of April 30, 2024 1,091 1,070 Treasury stock (369 ) (369 ) Additional paid-in capital 1,895,307 1,750,729 Accumulated other comprehensive loss (18,227 ) (21,638 ) Accumulated deficit (1,066,284 ) (991,607 ) Total shareholders’ equity 811,518 738,185 Total liabilities and shareholders’ equity $ 2,231,500 $ 2,242,566 Net loss $ (25,450 ) $ (24,796 ) $ (74,677 ) $ (73,304 ) Adjustments to reconcile net loss to cash provided by (used in) operating activities: Depreciation and amortization 3,565 4,728 7,738 9,781 Amortization of premium and accretion of discount on marketable securities, net (1,926 ) (1,178 ) (4,126 ) (3,646 ) Amortization of deferred contract acquisition costs 23,994 18,380 47,175 35,952 Amortization of debt issuance costs 278 266 553 529 Non-cash operating lease cost 2,617 2,618 5,455 5,270 Stock-based compensation expense 64,065 56,455 127,608 113,582 Deferred income taxes 23,653 35 38,376 427 Unrealized foreign currency transaction loss (gain) 2,397 (778 ) 2,216 422 Other (14 ) 16 (14 ) (18 ) Changes in operating assets and liabilities: Accounts receivable, net (59,122 ) (48,899 ) 68,081 26,972 Deferred contract acquisition costs (23,278 ) (22,276 ) (37,178 ) (43,421 ) Prepaid expenses and other current assets 998 (2,753 ) 1,174 2,143 Other assets 487 876 (1,452 ) 1,556 Accounts payable 14,065 19,351 (2,335 ) 118 Accrued expenses and other liabilities 892 (982 ) (8,136 ) (1,393 ) Accrued compensation and benefits (3,691 ) (6,888 ) (21,480 ) (10,773 ) Operating lease liabilities (3,033 ) (3,094 ) (6,407 ) (6,194 ) Deferred revenue 17,880 6,532 (51,440 ) (22,578 ) Net cash provided by (used in) operating activities 38,377 (2,387 ) 91,131 35,425 Purchases of property and equipment (715 ) (896 ) (1,462 ) (1,528 ) Purchases of marketable securities (71,090 ) (94,722 ) (166,253 ) (178,301 ) Sales, maturities, and redemptions of marketable securities 86,092 46,176 178,482 75,292 Net cash provided by (used in) investing activities 14,287 (49,442 ) 10,767 (104,537 ) Proceeds from issuance of ordinary shares under employee stock purchase plan 10,464 9,111 10,464 9,111 Proceeds from issuance of ordinary shares upon exercise of stock options 1,782 6,800 6,527 10,643 Net cash provided by financing activities 12,246 15,911 16,991 19,754 Effect of exchange rate changes on cash, cash equivalents, and restricted cash (1,389 ) (4,832 ) (150 ) (4,790 ) Net increase (decrease) in cash, cash equivalents, and restricted cash 63,521 (40,750 ) 118,739 (54,148 ) Cash, cash equivalents, and restricted cash, beginning of period 598,307 633,242 543,089 646,640 Cash, cash equivalents, and restricted cash, end of period $ 661,828 $ 592,492 $ 661,828 $ 592,492 Elastic Cloud $ 168,835 46 % $ 134,989 43 % $ 326,116 46 % $ 256,161 42 % Other subscription 171,972 47 % 152,754 50 % 338,465 47 % 301,829 50 % Total subscription 340,807 93 % 287,743 93 % 664,581 93 % 557,990 92 % Services 24,554 7 % 22,869 7 % 48,200 7 % 46,375 8 % Total revenue $ 365,361 100 % $ 310,612 100 % $ 712,781 100 % $ 604,365 100 % Elastic Cloud $ 168,835 25 % 25 % 7 % 7 % Other subscription $ 171,972 13 % 12 % 3 % 2 % Total subscription $ 340,807 18 % 18 % 5 % 5 % Total revenue $ 365,361 18 % 17 % 5 % 5 % $ 645,705 20 % 20 % 3 % 3 % $ 1,266,069 13 % 12 % 1 % — % Elastic Cloud $ 326,116 27 % 27 % Other subscription $ 338,465 12 % 12 % Total subscription $ 664,581 19 % 19 % Total revenue $ 712,781 18 % 18 % Net cash provided by (used in) operating activities $ 38,377 $ (2,387 ) $ 91,131 $ 35,425 Less: Purchases of property and equipment (715 ) (896 ) (1,462 ) (1,528 ) Add: Interest paid on long-term debt — — 11,859 11,859 Adjusted free cash flow (1) $ 37,662 $ (3,283 ) $ 101,528 $ 45,756 Net cash provided by (used in) investing activities $ 14,287 $ (49,442 ) $ 10,767 $ (104,537 ) Net cash provided by financing activities $ 12,246 $ 15,911 $ 16,991 $ 19,754 Net cash provided by (used in) operating activities (as a percentage of total revenue) 10 % (1 )% 13 % 6 % Less: Purchases of property and equipment (as a percentage of total revenue) — % — % — % — % Add: Interest paid on long-term debt (as a percentage of total revenue) — % — % 1 % 2 % Adjusted free cash flow margin 10 % (1 )% 14 % 8 % (1) Adjusted free cash flow includes cash paid for restructuring and other charges of $0.5 million and $3.5 million during the three and six months ended October 31, 2024, respectively, and less than $0.1 million and $0.8 million during the three and six months ended October 31, 2023, respectively. GAAP gross profit $ 272,182 $ 230,523 $ 527,845 $ 446,799 Stock-based compensation expense and related employer taxes 5,908 5,187 12,217 10,581 Amortization of acquired intangibles 2,835 2,977 6,110 5,953 Non-GAAP gross profit $ 280,925 $ 238,687 $ 546,172 $ 463,333 GAAP gross margin 74.5 % 74.2 % 74.1 % 73.9 % Stock-based compensation expense and related employer taxes 1.6 % 1.7 % 1.7 % 1.8 % Amortization of acquired intangibles 0.8 % 1.0 % 0.9 % 1.0 % Non-GAAP gross margin 76.9 % 76.8 % 76.6 % 76.7 % GAAP operating loss $ (4,426 ) $ (21,539 ) $ (38,264 ) $ (57,786 ) Stock-based compensation expense and related employer taxes 65,681 58,103 133,248 117,717 Amortization of acquired intangibles 2,835 3,888 6,110 8,096 Acquisition-related expenses 104 778 152 1,558 Restructuring and other related charges 86 29 225 754 Non-GAAP operating income $ 64,280 $ 41,259 $ 101,471 $ 70,339 GAAP operating margin (1.2 )% (6.9 )% (5.4 )% (9.6 )% Stock-based compensation expense and related employer taxes 18.0 % 18.7 % 18.7 % 19.5 % Amortization of acquired intangibles 0.8 % 1.3 % 0.9 % 1.3 % Acquisition-related expenses — % 0.3 % — % 0.3 % Restructuring and other related charges — % — % — % — % Non-GAAP operating margin 17.6 % 13.3 % 14.2 % 11.6 % GAAP net loss $ (25,450 ) $ (24,796 ) $ (74,677 ) $ (73,304 ) Stock-based compensation expense and related employer taxes 65,681 58,103 133,248 117,717 Amortization of acquired intangibles 2,835 3,888 6,110 8,096 Acquisition-related expenses 104 778 152 1,558 Restructuring and other related charges 86 29 225 754 Income tax effects related to the above adjustments (2) 19,650 183 34,964 8,768 Non-GAAP net income $ 62,906 $ 38,185 $ 100,022 $ 63,589 $ 0.61 $ 0.39 $ 0.97 $ 0.65 $ 0.59 $ 0.37 $ 0.94 $ 0.62 Weighted-average shares used to compute non-GAAP earnings per share attributable to ordinary shareholders, basic 103,238,740 99,073,401 102,761,588 98,507,725 Weighted-average shares used to compute non-GAAP earnings per share attributable to ordinary shareholders, diluted 105,827,936 102,493,070 106,006,894 102,066,719 (1) Totals may not sum, due to rounding. Gross margin, operating margin, and earnings per share are calculated based upon the respective underlying, non-rounded data. (2) Non-GAAP financial information for the quarter is adjusted for a tax rate equal to our annual estimated tax rate on non-GAAP income. This rate is based on our estimated annual GAAP income tax rate forecast, adjusted to account for items excluded from GAAP loss in calculating the non-GAAP financial measures presented above as well as other significant tax adjustments. Our estimated tax rate on non-GAAP income is determined annually and may be adjusted during the year to take into account events or trends that we believe materially impact the estimated annual rate including, but not limited to, significant changes resulting from tax legislation, material changes in the geographic mix of revenue and expenses and other significant events. Due to the differences in the tax treatment of items excluded from non-GAAP earnings, as well as the methodology applied to our estimated annual tax rates as described above, our estimated tax rate on non-GAAP income may differ from our GAAP tax rate and from our actual tax liabilities. GAAP subscription $ 69,941 $ 59,996 $ 138,288 $ 117,262 Stock-based compensation expense and related employer taxes (2,361 ) (2,208 ) (4,881 ) (4,589 ) Amortization of acquired intangibles (2,835 ) (2,977 ) (6,110 ) (5,953 ) Non-GAAP subscription $ 64,745 $ 54,811 $ 127,297 $ 106,720 GAAP services $ 23,238 $ 20,093 $ 46,648 $ 40,304 Stock-based compensation expense and related employer taxes (3,547 ) (2,979 ) (7,336 ) (5,992 ) Non-GAAP services $ 19,691 $ 17,114 $ 39,312 $ 34,312 GAAP research and development expense $ 88,163 $ 80,108 $ 177,495 $ 160,798 Stock-based compensation expense and related employer taxes (24,777 ) (22,562 ) (50,499 ) (45,967 ) Acquisition-related expenses (6 ) (395 ) (54 ) (1,175 ) Non-GAAP research and development expense $ 63,380 $ 57,151 $ 126,942 $ 113,656 GAAP sales and marketing expense $ 144,274 $ 133,230 $ 301,631 $ 266,399 Stock-based compensation expense and related employer taxes (21,434 ) (18,730 ) (43,883 ) (38,399 ) Amortization of acquired intangibles — (911 ) — (2,143 ) Non-GAAP sales and marketing expenses $ 122,840 $ 113,589 $ 257,748 $ 225,857 GAAP general and administrative expense $ 44,085 $ 38,695 $ 86,758 $ 76,634 Stock-based compensation expense and related employer taxes (13,562 ) (11,624 ) (26,649 ) (22,770 ) Acquisition-related expenses (98 ) (383 ) (98 ) (383 ) Non-GAAP general and administrative expense $ 30,425 $ 26,688 $ 60,011 $ 53,481 View source version on : CONTACT: Anthony Luscri Elastic Investor Relations Miller Elastic Corporate Communications KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: APPS/APPLICATIONS TECHNOLOGY SECURITY SOFTWARE NETWORKS INTERNET IOT (INTERNET OF THINGS) DATA MANAGEMENT ARTIFICIAL INTELLIGENCE SOURCE: Elastic N.V. 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Imgorthand/E+ via Getty Images When I last wrote about Warner Music Group ( NASDAQ: WMG ), I was hopeful that the music label would make moves to shake its laggard status versus industry peers . I thought a relatively low valuation Analyst’s Disclosure: I/we have a beneficial long position in the shares of WMG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
I rented a high-end wedding guest look for a fraction of the price of buyingEL SEGUNDO, Calif. (AP) — J.K. Dobbins will miss at least the next four games after the Los Angeles Chargers placed the running back on injured reserve Saturday. The team also placed safety Alohi Gilman on injured reserve and signed safety Tony Jefferson to the active roster. Dobbins sprained the MCL in his left knee late in the first half of the Chargers’ 30-23 loss to the Baltimore Ravens on Monday. Dobbins is fourth in the AFC in rushing with 766 yards and averages 4.8 yards per carry, third highest among AFC running backs with at least 100 carries. He has been considered among the candidates for AP Comeback Player of the Year after suffering a torn Achilles tendon in last season’s opener. Gus Edwards will be counted on to be the lead back in Dobbins' absence. Edwards missed four games during the middle of the season because of an ankle injury and has 25 carries for 93 yards in three games since returning to the lineup. The Chargers are 7-4 and hold the sixth seed in the AFC going into Sunday's game at NFC South leader Atlanta (6-5). Los Angeles is at Kansas City (10-1) in a prime-time game on Dec. 8, hosts Tampa Bay (5-6) on Dec. 15 and Denver (7-5) on Dec. 19. Gilman suffered a hamstring injury in the loss to the Ravens. He has 47 tackles, which is fifth on the team, along with one sack. Los Angeles also elevated cornerback Dicaprio Bootle and linebacker Jeremiah Jean-Baptiste from the practice squad for Sunday’s game. AP NFL: https://apnews.com/hub/nflDespite the complexity of the task at hand, the volunteer remained steadfast in their mission to help the student uncover the truth about her family. Through careful questioning and thoughtful probing, they navigated through the student's memories with grace and sensitivity, ensuring that every detail was captured accurately.
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Our thoughts are with the individuals affected by this unfortunate event, and we hope for their speedy recovery. Let this incident serve as a wake-up call for all establishments to prioritize safety above all else. Only by working together can we create a safer and more secure environment for everyone.
GAZA, — An Israeli airstrike on a car in the Gaza Strip on Saturday killed five people, a senior Palestinian health official said. Three of them were said to be employees of the charity World Central Kitchen , whose aid delivery efforts in the war-ravaged territory were temporarily suspended earlier this year after an Israeli strike killed seven of its workers, most of them foreigners. World Central Kitchen could not immediately be reached for comment, and it did not mention the deaths on social media. The Israeli military said it struck a wanted militant who had been involved in the Hamas attack that sparked the war. In a later statement, it said that the alleged attacker had worked with WCK and it asked “senior officials from the international community and the WCK administration to clarify" how that had come about. The violence in Gaza rages on even as a ceasefire between Israel and Hezbollah appears to be holding, despite sporadic episodes that have tested its fragility. Israel on Saturday struck what it said were Hezbollah weapons smuggling sites along Syria's border with Lebanon. The strike on the vehicle in Gaza was the latest in what aid agencies have described as the dangerous work of delivering aid in Gaza , where the war has sparked a humanitarian crisis that has displaced much of the territory's 2.3 million population and triggered widespread hunger. World Central Kitchen provides freshly prepared meals to people in need following natural disasters or to those enduring conflict. Its teams have fanned out in Gaza and across Israel and Lebanon since the war began and have often served as a lifeline for people in Gaza who have struggled to feed themselves and their families. Palestinian health official Muneer Alboursh confirmed the strike, and an aid worker in Gaza confirmed that three killed were workers with the WCK. The aid worker spoke on condition of anonymity because he wasn't authorized to speak with the media. At Nasser Hospital in the southern Gaza city of Khan Younis, a woman held up an employee badge bearing the WCK logo, the word “contractor” and the name of a man said to have been killed in the strike. A heap of belongings — burned phones, a watch and stickers with the WCK logo — lay splayed on the hospital floor. Nazmi Ahmed said his nephew worked for WCK for the past year. He said he was driving to the charity's kitchens and warehouses. “Today, he went out as usual to work ... and was targeted without prior warning and without any reason,” Ahmed said. In April, a strike on a WCK aid convoy killed seven workers — three British citizens, Polish and Australian nationals, a Canadian-American dual national and a Palestinian. The Israeli military said the strike was a mistake. The strike prompted an international outcry and the suspension of aid to Gaza for a a brief period by several aid groups, including WCK. Another Palestinian WCK worker was killed in August by shrapnel from an Israeli airstrike, the group said. The war in Gaza was triggered by Hamas’ October 2023 attack, when militants killed 1,200 people, mostly civilians, and took some 250 hostage. Israel’s retaliatory offensive has killed more than 44,000 Palestinians, according to local health officials, who do not distinguish between civilians and combatants in their count but say more than half the dead were women and children. Efforts to secure a ceasefire between Israel and Hamas have faltered repeatedly. But the U.S.- and France-brokered deal for Lebanon appears to holding after it took effect on Wednesday. Still, Israel has accused Hezbollah of violating the ceasefire and Lebanon has accused Israel of the same. On Saturday, Israel's military said it struck sites that had been used to smuggle weapons from Syria to Lebanon after the ceasefire took effect, which the military called a violation of its terms. There was no immediate comment from Syrian authorities or activists monitoring the conflict in that country. Hezbollah did not immediately comment. Israeli aircraft have struck Hezbollah targets in Lebanon, citing ceasefire violations, several times since the truce began. The Israeli strike in Syria came as insurgents there breached the country's largest city, Aleppo, in a shock offensive that added fresh uncertainty to a region reeling from multiple wars. The truce between Israel and the Iran-backed Hezbollah calls for an initial two-month ceasefire in which the militants are to withdraw north of Lebanon's Litani River and Israeli forces are to return to their side of the border. Many Lebanese, some of the 1.2 million displaced in the conflict, were streaming south to their homes , despite warnings by the Israeli and Lebanese militaries to stay away from certain areas. Lebanon’s state-run National News Agency reported that an Israeli drone attacked a car in the southern village of Majdal Zoun. Lebanon’s Health Ministry said three people were wounded, including a 7-year-old child. Majdal Zoun, near the Mediterranean Sea, is close to where Israeli troops still have a presence. Israel's military said earlier Saturday that its forces, who remain in southern Lebanon until they withdraw gradually over the 60-day ceasefire period, had been operating to distance “suspects” in the region, without elaborating, and said troops had located and seized weapons found hidden in a mosque. Israel says it reserves the right under the ceasefire to strike against any perceived violations. Israel has made returning the tens of thousands of displaced Israelis home the goal of the war with Hezbollah but Israelis, concerned that Hezbollah has not been deterred and could still attack northern communities, have been apprehensive about returning home . Hezbollah began attacking Israel on Oct. 8, 2023, in solidarity with the Palestinian militant group Hamas and its assault on southern Israel the day before. Israel and Hezbollah kept up a low-level conflict of cross-border fire for nearly a year, until Israel escalated its fight with a sophisticated attack that detonated hundreds of pagers and walkie-talkies used by Hezbollah fighters. It followed that up with an intense aerial bombardment campaign against Hezbollah assets, killing many of its top leaders including longtime chief Hassan Nasrallah , and it launched a ground invasion in early October. More than 3,760 people have been killed by Israeli fire in Lebanon during the conflict, many of them civilians, according to Lebanese health officials. The fighting killed more than 70 people in Israel — over half of them civilians — as well as dozens of Israeli soldiers fighting in southern Lebanon. ___ Goldenberg reported from Tel Aviv, Israel, and Mroue reported from Beirut. Mohammad Jahjouh in Khan Younis, Gaza Strip, contributed.
Gold prices have been fluctuating significantly in recent days, with today's market indicating a general downward trend across major retailers. Investors and consumers are closely monitoring these fluctuations, trying to anticipate the future direction of the precious metal's value. Let's take a closer look at the latest changes in gold prices at various stores and their implications for the market.