Atlassian Announces Third Quarter Fiscal Year 2020 Results

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Atlassian (TEAM) Tops Q3 EPS by 4c, Revenues Beat; Offers 4Q & FY20 EPS/Revenue Guidance

April 30, 2020 4:06 PM EDT

Atlassian (NASDAQ: TEAM) reported Q3 EPS of $0.25, $0.04 better than the analyst estimate of $0.21. Revenue for the quarter came in at $411.6 million versus the consensus estimate of $395.14 million.

Quarterly revenue of $411.6 million, up 33% year-over-yearQuarterly IFRS operating margin of (5)% and non-IFRS operating margin of 19%Quarterly cash flow from operations of $156.3 million and free cash flow of $140.3 millionOperating Income and Operating Margin: Operating income was $77.2 million for the third quarter of fiscal 2020, compared with operating income of $58.0 million for the third quarter of fiscal 2019. Operating margin was 19% for the third quarter... More