Atlassian Stock Jumps After Its Results, Outlook Impress

Key TakeawaysAtlassian beat profit and sales estimates and raised its outlook as its artificial intelligence offerings helped drive subscriptions.The software and services provider for developers and project managers reported a 33% jump in subscription revenue.Atlassian now expects full year revenue growth of as much as 17%, up slightly from earlier projections. Atlassian (TEAM) shares surged Friday after the business-software company posted better-than-expected quarterly results and raised its guidance as ...