Atlassian stock price tumbles despite 'incredible milestones'
Shares in the Australian software giant dived on Friday, despite Q2 results beating analysts’ expectations.
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Shares in the Australian software giant dived on Friday, despite Q2 results beating analysts’ expectations.
Atlassian Corporation Plc (NASDAQ:TEAM) Q2 2024 Earnings Call Transcript February 1, 2024 Atlassian Corporation Plc beats earnings expectations. Reported EPS is $0.73, expectations were $0.62. Atlassian Corporation Plc isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, and thank […]
Quarterly revenue of $1,060 million, up 21% year-over-year
Q2 FY2024 Earnings Summary: Subscription Revenue Soars as Operating Margins Improve
For fiscal 2024 (June), Atlassian sees cloud revenue (62% of total revenue) expanding by 25% to 30%, with new generative AI capabilities expected to help drive growth.