Atlassian Announces Second Quarter Fiscal Year 2021 Results

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Atlassian (TEAM) Tops Q2 EPS by 5c, Revenues Beat; Offers 3Q Revenue Guidance Above Consensus

January 28, 2021 4:08 PM EST

Atlassian (NASDAQ: TEAM) reported Q2 EPS of $0.37, $0.05 better than the analyst estimate of $0.32. Revenue for the quarter came in at $501 million versus the consensus estimate of $471.66 million.

Quarterly revenue of $501 million, up 23% year-over-yearQuarterly subscription revenue of $311 million, up 36% year-over-yearQuarterly IFRS operating margin of 6% and non-IFRS operating margin of 29%Quarterly cash flow from operations of $200 million and free cash flow of $180 million

Our Q2 results reflect steady progress towards our long-term goals as we crossed $500 million in quarterly revenue for the first time, up 23% year-over-year, and drove... More