Atlassian Announces First Quarter Fiscal Year 2024 Results
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Atlassian (TEAM) plunges despite earnings, revenue beat
November 3, 2023 8:03 AM EDTAtlassian (NASDAQ: TEAM) shares plunged on Friday despite the company reporting earnings for its latest quarter that topped consensus expectations.
The company posted Q1 EPS of $0.65, $0.11 better than the analyst estimate of $0.54, while revenue for the quarter came in at $978 million, up 21% YoY and above the consensus estimate of $965.7 million.
The company's quarterly subscription revenue of $852 million rose by 31% year-over-year.
Despite the top... More
Atlassian (TEAM) Tops Q1 EPS by 11c, Offers Guidance
November 2, 2023 4:08 PM EDTAtlassian (NASDAQ: TEAM) reported Q1 EPS of $0.65, $0.11 better than the analyst estimate of $0.54. Revenue for the quarter came in at $978 million versus the consensus estimate of $965.7 million.
GUIDANCE:
Atlassian sees Q2 2024 revenue of $1.01-1.03 billion, versus the consensus of $1.02... More
