Atlassian Announces First Quarter Fiscal Year 2021 Results
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Atlassian (TEAM) Tops Q1 EPS by 3c, Revenues Beat; Offers 2Q EPS/Revenue Guidance Below Consensus
October 29, 2020 4:16 PM EDTAtlassian (NASDAQ: TEAM) reported Q1 EPS of $0.30, $0.03 better than the analyst estimate of $0.27. Revenue for the quarter came in at $459.5 million versus the consensus estimate of $440.41 million.
We drove strong results in Q1, generating $460 million in revenue, growth of 26% from the prior year, said Scott Farquhar, Atlassians co-founder and co-CEO. We also added more than 8,600 net new customers during the quarter, and now serve over 182,000 customers, including more than 160,000 using our cloud products, as we take the... More
