Atlassian (TEAM) Reports Q1 Loss of $0.06

Atlassian (NASDAQ: TEAM) reported Q1 EPS of ($0.06), versus $0.01 reported last year. Revenue for the quarter came in at $193.8 million versus the consensus estimate of $185.8 million.

GUIDANCE:

Second Quarter Fiscal Year 2018:

• Total revenue is expected to be in the range of $203 million to $205 million.
• Gross margin is expected to be approximately 79% on an IFRS basis and approximately 84% on a non-IFRS basis.
• Operating margin is expected to be approximately (12%) on an IFRS basis and approximately 19% on a non-IFRS basis.
• Net loss per diluted share is expected to be approximately ($0.08) on an IFRS basis, and net income per diluted share is expected to be approximately $0.12 on a non-IFRS basis.
• Weighted-average share count is expected to be in the range of 229 million to 231 million shares when calculating diluted IFRS net loss per share and in the range of 241 million to 243 million shares when calculating diluted non-IFRS net income per share.

For earnings history and earnings-related data on Atlassian (TEAM) click here.

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