Atlassian (TEAM)
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Atlassian (TEAM) Reliance on International Sales: What Investors Need to Know
Zacks Investment Research· 2024-04-30 13:30
Have you looked into how Atlassian (TEAM) performed internationally during the quarter ending March 2024? Considering the widespread global presence of this company, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth.In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health and growth trajectory. For investors, understandi ...
Atlassian (TEAM) - 2024 Q3 - Quarterly Report
2024-04-26 20:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 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 organizati ...
Here's Why Atlassian Stock Sank Like a Rock Today
The Motley Fool· 2024-04-26 18:38
The company beat expectations for the fiscal quarter, but investors have some unanswered questions.Shares of Atlassian (TEAM -9.87%) sank on Friday after the enterprise collaboration software company reported results for its fiscal 2024 third quarter. As of 2:25 p.m. ET, Atlassian stock was down about 9.9%.A strong quarter, but...In the period, which ended March 31, Atlassian generated revenue of almost $1.2 billion, which was up 30% year over year and ahead of the expectations of most analysts. Moreover, t ...
Atlassian (TEAM) Q3 Earnings and Revenues Beat Estimates
Zacks Investment Research· 2024-04-26 17:15
Atlassian (TEAM) reported stronger-than-expected third-quarter fiscal 2024 results. Its non-GAAP earnings per share of 89 cents beat the Zacks Consensus Estimate of 61 cents. The figure surged 64.8% from the year-ago quarter’s non-GAAP earnings of 54 cents per share, mainly driven by double-digit year-over-year growth across segments like Cloud and Data Center.TEAM’s fiscal third-quarter revenues jumped 30% to $1.19 billion and surpassed the consensus mark of $1.10 billion. The top line was primarily driven ...
Here's What Key Metrics Tell Us About Atlassian (TEAM) Q3 Earnings
Zacks Investment Research· 2024-04-26 00:36
For the quarter ended March 2024, Atlassian (TEAM) reported revenue of $1.19 billion, up 29.9% over the same period last year. EPS came in at $0.89, compared to $0.54 in the year-ago quarter.The reported revenue represents a surprise of +8.49% over the Zacks Consensus Estimate of $1.1 billion. With the consensus EPS estimate being $0.61, the EPS surprise was +45.90%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expecta ...
Atlassian (TEAM) - 2024 Q3 - Earnings Call Transcript
2024-04-26 00:33
Atlassian Corporation (NASDAQ:TEAM) Q3 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Martin Lam - Head of IR Scott Farquhar - Co-Founder and CEO Mike Cannon-Brookes - Co-Founder and CEO Joe Binz - CFO Conference Call Participants Ryan MacWilliams - Barclays Fred Havemeyer - Macquarie Sanjit Singh - Morgan Stanley Gregg Moskowitz - Mizuho Securities Michael Turrin - Wells Fargo Alex Zukin - Wolfe Research Keith Bachman - BMO Brent Thill - Jefferies Nick Altmann - Scotiabank Kas ...
Atlassian (TEAM) Beats Q3 Earnings and Revenue Estimates
Zacks Investment Research· 2024-04-25 22:21
Atlassian (TEAM) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 45.90%. A quarter ago, it was expected that this company would post earnings of $0.62 per share when it actually produced earnings of $0.73, delivering a surprise of 17.74%.Over the last four quarters, the company has su ...
Atlassian (TEAM) - 2024 Q3 - Quarterly Results
2024-04-25 20:05
Atlassian Announces Third Quarter Fiscal Year 2024 Results and CEO Transition Quarterly revenue of $1,189 million, up 30% year-over-year Quarterly subscription revenue of $1,071 million, up 41% year-over-year Quarterly GAAP operating margin of 1% and non-GAAP operating margin of 27% Quarterly cash flow from operations of $565 million and free cash flow of $555 million Team Anywhere/San Francisco (April 25, 2024) — Atlassian Corporation (NASDAQ: TEAM), a leading provider of team collaboration and productivit ...
Here's How Atlassian (TEAM) is Poised Ahead of Q3 Earnings
Zacks Investment Research· 2024-04-22 19:16
Atlassian Corporation (TEAM) , a leading provider of collaboration and productivity software, is set to report third-quarter fiscal 2024 results on Apr 25.Atlassian has a history of delivering solid financial performance and consistent revenue growth. The company's focus on providing innovative solutions has driven its success. With a proven track record of execution, TEAM has earned the trust of its customers.Factors at PlayAtlassian has exhibited impressive growth momentum, driven by robust demand for its ...
Why Atlassian Stock Was Moving Higher Today
The Motley Fool· 2024-04-11 22:41
An analyst upgrade gave the software stock a boost.Shares of the collaboration-focused software company Atlassian (TEAM 4.84%) were moving higher on an analyst rating upgrade this morning and broader tailwinds in the tech sector, as a weaker-than-expected producer price index reading cooled inflationary fears after the hot CPI report on Wednesday.As a result, the stock finished Thursday's session up 4.8%. This cloud has a silver liningBarclays raised its rating on Atlassian from equal weight to overweight, ...