Atlassian Announces Third Quarter Fiscal Year 2024 Results and CEO Transition
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Atlassian (TEAM) comes ahead of Street estimates in Q1 but shares tumble
April 25, 2024 4:26 PM EDTShares of Atlassian (NASDAQ: TEAM) tumbled over 6% in after-hours trading Thursday even though the companys financial results for the fiscal Q3 beat analyst estimates.
Atlassian reported third-quarter earnings per share (EPS) of $0.89, outperforming consensus estimates of $0.59. The company's revenue for the quarter reached $1.19 billion, surpassing the projected $1.06 billion.
Looking ahead, Atlassian has provided guidance... More
