Atlassian (TEAM) Tops Q3 EPS by 1c; Issues Solid Outlook

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Atlassian Announces Third Quarter Fiscal Year 2016 Results

May 5, 2016 4:12 PM EDT

Quarterly revenue of $117.9 million, up 40% year-over-year

Quarterly IFRS operating loss of $4.9 million and non-IFRS operating income of $18.3 million

Quarterly free cash flow of $40.7 million, up 39% year-over-year

SAN FRANCISCO, May 05, 2016 (GLOBE NEWSWIRE) -- Atlassian Corporation Plc (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, today announced financial results for its third quarter of fiscal 2016 ended March 31, 2016.

We achieved another solid quarter of top-line and free cash flow growth, said Scott Farquhar, Atlassians co-CEO and co-founder. Our unique... More