Atlassian Q1 Earnings Beat: Will Upbeat Sales View Lift the Stock?
TEAM's first-quarter fiscal 2025 results benefit from robust paid seat expansion, growing ARPU and strong migrations.
Atlassian Corporation (TEAM) Q1 2025 Earnings Call Transcript
Atlassian Corporation (NASDAQ:TEAM ) Q1 2025 Earnings Conference Call October 31, 2024 5:00 PM ET Company Participants Martin Lam - Head of IR Mike Cannon-Brookes - Co-Founder and CEO Joe Binz - CFO Conference Call Participants Kash Rangan - Goldman Sachs Keith Weiss - Morgan Stanley Adam Tindle - Raymond James Alex Zukin - Wolfe Research Michael Turrin - Wells Fargo Fatima Boolani - Citi Gregg Moskowitz - Mizuho Securities Keith Bachman - BMO Ryan MacWilliams - Barclays Brent Thill - Jefferies Jason Celino - KeyBanc Operator Good afternoon and thank you for joining Atlassian's earnings conference call for the First Quarter of Fiscal Year 2025. As a reminder, this conference call is being recorded and will be available for replay on the Investor Relations section of Atlassian's website following this call.
Atlassian (TEAM) Reports Q1 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Atlassian (TEAM) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Atlassian raises annual revenue forecast on cloud strength, shares jump 17%
Atlassian raised its annual revenue growth forecast on Thursday, anticipating a surge in demand from enterprise clients for its cloud software, sending the company's shares up about 17% in extended trading.
Atlassian (TEAM) Surpasses Q1 Earnings and Revenue Estimates
Atlassian (TEAM) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.65 per share a year ago.
Unveiling Atlassian (TEAM) Q1 Outlook: Wall Street Estimates for Key Metrics
Evaluate the expected performance of Atlassian (TEAM) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Why Atlassian Stock Popped on Friday
Atlassian stock might not be "cheap" exactly -- but it's a lot cheaper than the alternatives.
Atlassian (TEAM) Stock Jumps on Rovo Product Announcement
Shares of Atlassian (TEAM, Financial) rose by 5.09% following the announcement of the general availability of their new product, Rovo, at the Team '24 Europe event in Barcelona. This milestone suggests Rovo is fully developed and ready for public use, often signaling potential for expanded commercialization and monetization.
Analyst Upgrades on Atlassian Stock Underlining Its AI Integration
Atlassian (TEAM, Financial)'s stock price has seen a general upward trend since August following positive financial results and positive sentiment from Goldman Sachs' analysts that upgraded Atlassian's rating from Neutral to Buy in August 2024.
2 Software Stocks Falling Despite Bull Notes
Shares of software companies Atlassian Corp (NASDAQ:TEAM) and Datadog Inc (NASDAQ:DDOG) are both lower today, falling alongside the broader market despite upgrades.
Bear of the Day: Atlassian (TEAM)
Atlassian ( TEAM ), the $42 billion provider of enterprise software collaboration and workflow tools, has had a rough year as the stock peaked in January above $250. Atlassian's team collaboration software like Jira, Confluence and Trello help teams organize, discuss, and complete shared work, especially software developers who were their first customers over two decades ago at the University of New South Wales.
1 Artificial Intelligence (AI) Stock Down 64% to Buy on the Dip, According to Wall Street
Artificial intelligence could help Atlassian more than double its annual revenue to $10 billion in the coming years. Atlassian launched a new AI product called Rovo that it hopes will create a new revenue stream for the company.
