Atlassian Announces Third Quarter Fiscal Year 2022 Results

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Atlassian Corporation (TEAM) PT Lowered to $285 at Cowen

April 29, 2022 7:22 AM EDT

Cowen analyst Derrick Wood lowered the price target on Atlassian Corporation (NASDAQ: TEAM) to $285.00 (from $330.00) while maintaining a Market Perform rating.

The analyst commented, "TEAM reported rev growth 6% above Street & ST billings growth 7% above, roughly in line w/ recent trends. On-prem (DC,... More

Atlassian (TEAM) Tops Q3 EPS by 15c; Guides Below

April 28, 2022 4:10 PM EDT

Atlassian (NASDAQ: TEAM) reported Q3 EPS of $0.47, $0.15 better than the analyst estimate of $0.32. Revenue for the quarter came in at $740 million versus the consensus estimate of $700.72 million.

GUIDANCE:

Atlassian sees Q4 2022 EPS of $0.24, versus the consensus of $0.30. Atlassian sees Q4... More