Atlassian Announces Fourth Quarter and Fiscal Year 2018 Results

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Atlassian Corporation (TEAM) PT Raised to $85 at Oppenheimer

July 27, 2018 9:42 AM EDT

Oppenheimer raised its price target on Atlassian Corporation (NASDAQ: TEAM) to $85.00 (from $65.00) while maintaining an Outperform rating.

Analyst Ittai Kidron commented, "Atlassian delivered another strong qtr. with upside and better than expected guidance. Strength reflects continuing good execution, broad-based product demand, and record... More

Atlassian (TEAM) Announces Strategic Partnership with Slack

July 26, 2018 4:57 PM EDT

Atlassian (NASDAQ: TEAM) today announced that it has entered into a strategic partnership with Slack. Atlassian currently has two offerings in the real-time communications market: Stride and Hipchat. With this partnership, Atlassian will exit the communications space. Slack has acquired the intellectual property for Stride and Hipchat Cloud, both of which will be discontinued. Atlassian will also... More

Atlassian (TEAM) Tops Q4 EPS by 1c; Raises Outlook

July 26, 2018 4:19 PM EDT

Atlassian (NASDAQ: TEAM) reported Q4 EPS of $0.13, $0.01 better than the analyst estimate of $0.12. Revenue for the quarter came in at $243.8 million versus the consensus estimate of $233.42 million.

GUIDANCE:

Atlassian sees Q1 2019 EPS of $0.19, versus the consensus of $0.50. Atlassian sees Q1 2019... More