Atlassian (TEAM) Q4 Earnings and Revenues Top Estimates

Core Viewpoint - Atlassian reported quarterly earnings of $0.98 per share, exceeding the Zacks Consensus Estimate of $0.83 per share, and showing an increase from $0.66 per share a year ago, indicating a strong performance in the latest quarter [1][2]. Financial Performance - The company achieved revenues of $1.38 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.25%, and up from $1.13 billion year-over-year [2]. - Over the last four quarters, Atlassian has consistently exceeded consensus EPS estimates, achieving this four times [2]. Stock Performance - Atlassian shares have declined approximately 23.8% since the beginning of the year, contrasting with the S&P 500's gain of 7.9% [3]. - The current Zacks Rank for Atlassian is 3 (Hold), indicating that the stock is expected to perform in line with the market in the near future [6]. Earnings Outlook - The consensus EPS estimate for the upcoming quarter is $0.90 on revenues of $1.4 billion, while the estimate for the current fiscal year is $4.11 on revenues of $6.1 billion [7]. - The trend of earnings estimate revisions for Atlassian was mixed prior to the earnings release, which may change following the latest results [6]. Industry Context - The Internet - Software industry, to which Atlassian belongs, is currently ranked in the top 28% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8].