Atlassian Announces Second Quarter Fiscal Year 2020 Results

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Atlassian (TEAM) Tops Q2 EPS by 10c, Revenues Beat; Provides Q3 & FY20 EPS/Revenue Outlook

January 23, 2020 4:05 PM EST

Atlassian (NASDAQ: TEAM) reported Q2 EPS of $0.37, $0.10 better than the analyst estimate of $0.27. Revenue for the quarter came in at $408.7 million versus the consensus estimate of $388.93 million.

On a non-IFRS basis, Atlassian reported:

Operating Income and Operating Margin: Operating income was $125.4 million for the second quarter of fiscal 2020, compared with operating income of $74.8 million for the second quarter of fiscal 2019. Operating margin was 31% for the second quarter of fiscal 2020, compared with 25% for the second quarter of fiscal 2019.Net Income and Net Income Per Diluted Share: Net income was $93.9 million for... More