Atlassian Corporation (TEAM) PT Raised to $245 at Goldman Sachs

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Atlassian Announces First Quarter Fiscal Year 2025 Results

October 31, 2024 4:05 PM EDT

Revenue of $1,188 million, up 21% year-over-year

Subscription revenue of $1,132 million, up 33% year-over-year

GAAP operating margin of (3)% and non-GAAP operating margin of 23%

Cash flow from operations of $80 million and free cash flow of $74 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 first quarter ended September 30, 2024. A shareholder letter was posted on Atlassians Work Life blog at... More