TEAM: Strong Results, Weak Guidance

Here's our initial take on Atlassian's (TEAM 0.25%) financial report.Key MetricsMetricQ3 2024Q3 2025Changevs. ExpectationsRevenue$1.19 billion$1.36 billion14%BeatEarnings per share$0.89$0.979%BeatCloud customers w/ AAR > $10k44,33650,71514%n/aServices revenue$703.0 million$880.4 million25%n/aAtlassian Sees Headwinds Up AheadAtlassian topped expectations in its fiscal second quarter ending March 31, reporting revenue up 14% and earnings per share up 9% year over year, thanks to strong 25% growth in cloud rev ...