Atlassian (TEAM) Reports Q4 Loss of $0.02
Atlassian (NASDAQ: TEAM) reported Q4 EPS of ($0.02), versus ($0.01) reported last year. Revenue for the quarter came in at $127.6 million, versus $91.8 million reported last year.
"Fiscal 2016 was a landmark year for Atlassian," said Scott Farquhar, Atlassian’s co-CEO and co-founder. "Over the past year, we grew revenue to more than $450 million, added over 12,300 net-new customers, generated over $95 million of free cash flow and completed a successful IPO. We are still early in our growth trajectory and expect fiscal 2017 to be another great year for the company. We are also excited about the addition of StatusPage, our first acquisition as a public company. StatusPage is a standout company in its category and is a natural extension of the software development and IT operations processes where Atlassian is a leader.”
For earnings history and earnings-related data on Atlassian (TEAM) click here.
