I I T Sundry Photography Introduction & Investment Thesis I last wrote on Atlassian (NASDAQ:TEAM) in June, where I upgraded the stock from a "hold" to a "buy" rating. While I thought that the stock was trading at "fair" value after declining 17% from my initial coverage back in April, I thought it was an acceptable point to initiate a position given that the management was demonstrating success in driving meaningful product innovation to progress upmarket along with opportunities for customers to migrate fr ...

Atlassian Corporation (NASDAQ:TEAM) Citi’s 2024 Global TMT Conference September 5, 2024 10:00 AM ET Company Participants Anu Bharadwaj - Chief Operating Officer Conference Call Participants Fatima Boolani - Citi Fatima Boolani All right. Good morning, everybody. Day Two of Citi's Global TMT Conference. I'm Fatima Boolani. I jointly head up the software research team here, if you haven't heard from me ad nauseam already, but I am so thrilled to have Atlassian here with us and Atlassian's Anu Bharadwaj. Thank ...

Atlassian Corporation (NASDAQ:TEAM) Citi’s 2024 Global TMT Conference September 5, 2024 10:00 AM ET Company Participants Anu Bharadwaj - Chief Operating Officer Conference Call Participants Fatima Boolani - Citi Fatima Boolani All right. Good morning, everybody. Day Two of Citi's Global TMT Conference. I'm Fatima Boolani. I jointly head up the software research team here, if you haven't heard from me ad nauseam already, but I am so thrilled to have Atlassian here with us and Atlassian's Anu Bharadwaj. Thank ...

Shares of Atlassian (TEAM) , a prominent player in enterprise collaboration and workflow software space, have plunged 30.3% year to date (YTD). Meanwhile, the Zacks Internet - Software industry in which the stock belongs has gained 14.9% in the year-to-date period.TEAM stock has also underperformed the Zacks Computer and Technology Sector and S&P 500 index in the YTD period. The Zacks Computer and Technology sector and S&P 500 index have returned 20.7% and 18.4%, respectively, YTD.Given Atlassian's reputati ...

Atlassian on Thursday announced that it has acquired Rewatch, an AI-powered meeting notetaker, screen recording tool and video hub. The company plans to integrate Rewatch into Loom, the asynchronous video messaging platform it acquired for $975 million last October. But maybe even more importantly, it also plans to integrate it into its recently launched Rovo AI platform so that meeting notes can quickly become Jira issues, for example, and the transcripts become searchable within the overall business conte ...

Key TakeawaysShares in Atlassian gained 9% last week and have recovered a chunk of the big losses posted after the collaboration software maker issued a disappointing revenue outlook earlier this month.Since recording its 2024 high in January, Atlassian shares have traded within an orderly descending channel, a chart pattern that indicates a downward trend, but can also signal a trend reversal upon a breakout.Atlassian shares may test higher chart levels around $168, $187, and $215, while finding support du ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-37651 Atlassian Corporation (Exact name of registrant as specified in its charter) Delaware 88-3940934 (State or other jurisdiction of incorporation or organization) (I.R. ...

New limited-time Bundtlet flavor features baked-in Pop-Tarts® piecesDALLAS, Aug. 15, 2024 /PRNewswire/ -- Nothing Bundt Cakes and Pop-Tarts®, known for its iconic toaster pastries, have joined forces to release a "Crazy Good" new cake flavor, Frosted Strawberry Pop-Tarts, available Aug. 19-Sept. 1, while supplies last, at the brand's 600-plus bakeries nationwide.Nothing Bundt Cakes’ Frosted Strawberry Pop-Tarts® flavor is available only in the brand’s personal-size Bundtlet and features strawberry cake bake ...

Key TakeawaysThe midpoint of Atlassian's outlook for current-quarter revenue came up short of estimates, and it's guidance for full-year growth is below last year's growth.The business software company's fiscal 2024 fourth-quarter adjusted earnings and revenue were in line with forecasts.Atlassian announced that Chief Sale Officer Kevin Egan was leaving the company to pursue other opportunities. Shares of Atlassian (TEAM) sank as the business software provider posted disappointing guidance and announced its ...

Growth is slowing and AI expenses have gone up.Shares of enterprise software company Atlassian (TEAM -17.39%) plunged on Friday after the company reported financial results for its fiscal fourth quarter of 2024, ended June 30. As of 11:30 a.m. ET, Atlassian stock was down 16% and had hit new 52-week lows.Here are some of the problemsFor Atlassian, investors are concerned about both the Q4 numbers and the financial guidance for its fiscal 2025. Management had guided for Q4 revenue of $1.135 billion at most. ...