Atlassian (TEAM) shares fall 7% as analyst says outlook was 'cloudy'

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Go back to Atlassian (TEAM) shares fall 7% as analyst says outlook was 'cloudy'

Atlassian Announces Second Quarter Fiscal Year 2024 Results

February 1, 2024 4:05 PM EST

Quarterly revenue of $1,060 million, up 21% year-over-year

Quarterly subscription revenue of $932 million, up 31% year-over-year

Quarterly GAAP operating margin of (5%) and non-GAAP operating margin of 24%

Quarterly cash flow from operations of $290 million and free cash flow of $284 million

Team Anywhere/SAN FRANCISCO--(BUSINESS WIRE)-- Atlassian Corporation (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, today announced financial results for its second quarter ended December 31, 2023 and released a shareholder letter available on Atlassians Work... More