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These Analysts Revise Their Forecasts On Atlassian After Q4 Results
Benzinga· 2024-08-02 13:05
Atlassian Corporation TEAM reported better-than-expected earnings for its fourth quarter on Thursday.The company posted quarterly earnings of 66 cents per share which beat the analyst consensus estimate of 60 cents per share. The company reported quarterly sales of $1.131 billion which beat the analyst consensus estimate of $1.130 billion."We announced transformative innovations for our customers like Rovo, the latest human-AI technology reshaping the way we work. We achieved significant milestones like Fed ...
Atlassian (TEAM) Q4 Earnings Beat Estimates, Revenues Match
ZACKS· 2024-08-02 13:01
Atlassian (TEAM) reported fourth-quarter fiscal 2024 results, wherein earnings beat the Zacks Consensus Estimate and revenues matched the same. Its non-GAAP earnings per share of 66 cents beat the Zacks Consensus Estimate of 59 cents. The figure jumped 15.8% from the year-ago quarter’s non-GAAP earnings of 57 cents per share, mainly driven by strong top-line growth.TEAM’s fiscal fourth-quarter revenues climbed 20.5% year over year to $1.13 billion and came in line with the Zacks Consensus Estimate. The top ...
Atlassian (TEAM) - 2024 Q4 - Earnings Call Transcript
2024-08-02 01:06
Atlassian Corporation (NASDAQ:TEAM) Q4 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Martin Lam - Head of IR Scott Farquhar - Co Founder and CEO Mike Brookes - Co Founder and CEO Joe Binz - CFO Conference Call Participants Keith Weiss - Morgan Stanley Michael Turrin - Wells Fargo Ryan MacWilliams - Barclays Arjun Bhatia - William Blair Luke Hannan - Canaccord Genuity Fatima Boolani - Citi Brent Thill - Jefferies Alex Zukin - Wolfe Research Gregg Moskowitz - Mizuho Securities K ...
Compared to Estimates, Atlassian (TEAM) Q4 Earnings: A Look at Key Metrics
ZACKS· 2024-08-02 00:00
Atlassian (TEAM) reported $1.13 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 20.5%. EPS of $0.66 for the same period compares to $0.57 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.13 billion, representing a surprise of +0.34%. The company delivered an EPS surprise of +11.86%, with the consensus EPS estimate being $0.59.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...
Atlassian (TEAM) Q4 Earnings and Revenues Beat Estimates
ZACKS· 2024-08-01 22:47
Atlassian (TEAM) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.57 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.86%. A quarter ago, it was expected that this company would post earnings of $0.61 per share when it actually produced earnings of $0.89, delivering a surprise of 45.90%.Over the last four quarters, the company has su ...
Atlassian (TEAM) - 2024 Q4 - Annual Results
2024-08-01 20:15
Atlassian Announces Fourth Quarter and Fiscal Year 2024 Results Quarterly revenue of $1,132 million, up 20% year-over-year Quarterly subscription revenue of $1,069 million, up 34% year-over-year Quarterly GAAP operating margin of (6)% and non-GAAP operating margin of 20% Quarterly cash flow from operations of $426 million and free cash flow of $413 million Team Anywhere/San Francisco (August 1, 2024) — Atlassian Corporation (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, ...
Atlassian: A Cloud-Driven Collaboration Leader Poised For AI-Powered Growth
Seeking Alpha· 2024-07-31 04:41
Sundry Photography QOE Capital: Co-Authored by Analyst Antonio Mello Investment Thesis Atlassian Corporation (NASDAQ:TEAM) proposes a compelling long opportunity in the rapidly developing enterprise software market. As a leading provider of collaboration and productivity tools, Atlassian has generated consistent growth, strong market positioning, and a drive and commitment to innovation. The company's unique business model, along with its strategic focus on cloud migration and artificial intelligence, p ...
Atlassian (TEAM) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-07-25 15:07
Wall Street expects a year-over-year increase in earnings on higher revenues when Atlassian (TEAM) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on August 1, 2024, might help the stock move higher if these key numbers are better than expectat ...
Atlassian To Benefit From The 'Next Wave Of Cloud Growth', Says Bullish Analyst
Benzinga· 2024-07-02 15:15
Loading...Loading...Shares of Atlassian Corp TEAM were climbing in early trading on Tuesday.Enterprise customers are likely to drive "the next wave of cloud migrations," triggering accelerated cloud growth, according to Piper Sandler.The Analyst: Rob Owens upgraded the rating for Atlassian from Neutral to Overweight, while raising the price target from $200 to $225.The Thesis: While currently only 30% of the company's cloud revenues are from enterprise customers, 82% of the remaining data center seats are e ...
"TEAM CHIPOTLE" RETURNS WITH A NEW LIMITED-TIME MENU FEATURING THE GO-TO ORDERS FOR AMERICA'S TOP ATHLETES
Prnewswire· 2024-07-01 12:08
Anthony Edwards, Sophia Smith, Taylor Fritz, Sara Hughes, and Jagger Eaton will have their favorite orders featured on the Chipotle app and Chipotle.com as limited-edition menu itemsChipotle has also launched new episodes of its "Unwrapped" series featuring behind-the-scenes content with each athleteStarting July 25, the brand will bring back gold foil burritos in the U.S. and serve gold foil burritos for the first time at its restaurants in FranceNEWPORT BEACH, Calif., July 1, 2024 /PRNewswire/ -- Chipotle ...