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Atlassian Co. (NASDAQ:TEAM) CFO Joseph Leo Binz Sells 1,739 Shares of Stock

Atlassian Co. (NASDAQ:TEAM – Get Free Report) CFO Joseph Leo Binz sold 1,739 shares of the business’s stock in a transaction that occurred on Monday, August 21st. The shares were sold at an average price of $184.35, for a total transaction of $320,584.65. Following the completion of the transaction, the chief financial officer now owns […] ....

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Cloud Stocks: Atlassian's AI Investments Please the Market

Enterprise collaboration solutions provider Atlassian (Nasdaq: TEAM) recently announced its fourth quarter results that sent the stock soaring 24% in the after-hours trading session. Like others in the industry, Atlassian too is betting on AI to improve its offerings. Atlassian's Financials For the fourth quarter, revenues grew 24% to $939.1 million, soaring ahead of the market's forecast of $914.6 million. Adjusted EPS of $0.57 was also ahead of the market's forecast of $0.45. By segment, Subscription revenues grew 30.5% to $799.7 million and Maintenance revenues fell from $117.1 million a year ago to $85.9 million. Other revenues grew 18% to $53.5 million. Atlassian had 262,337 customers at the end of the quarter, up by about 20,000. Net new customer additions for Q4 were 2,562. For the full fiscal year, Atlassian's revenues grew 26% to $3.5 billion, and EPS was $1.92. For the first quarter, Atlassian expects revenues of $950-$970 million, ahead of the Street' ....

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Insider Selling: Atlassian Co. (NASDAQ:TEAM) President Sells $947,752.61 in Stock

Atlassian Co. (NASDAQ:TEAM – Get Free Report) President Anutthara Bharadwaj sold 4,739 shares of Atlassian stock in a transaction on Monday, August 14th. The stock was sold at an average price of $199.99, for a total transaction of $947,752.61. Following the completion of the transaction, the president now directly owns 196,117 shares in the company, […] ....

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