Atlassian Corporation (TEAM)
Atlassian soars on strong earnings, upbeat outlook
Atlassian (NASDAQ:TEAM) surged 17% on Friday after the collaboration software company reported stronger-than-expected quarterly earnings and revenue, with subscription growth exceeding analyst expectations. For its fiscal second quarter, Atlassian posted earnings per share of $0.96, beating Wall Street estimates of $0.62 by $0.34.
TEAM "Well Suited" for A.I., DECK Steps Off Highs, WBA Suspends Dividend
George Tsilis turns to some of the morning's biggest market moves following a slew of earnings. Atlassian (TEAM) bolstered a big rally after showing promise for A.I.
Atlassian: Superb Growth Doesn't Justify Rich Valuation
Atlassian stock rallied after Q2 showed strong revenue growth, beating expectations and lifting full-year guidance while not decelerating at all from Q1's growth pace. These strong results are a relief after direct competitor ServiceNow released a disappointing deceleration in its results, and fell ~10% in the aftermath. The company's AI product Rovo is driving strong upsells to higher tier SKUs, but potential long-term risks include reduced seat expansion due to AI-driven workforce reductions.
Atlassian Analysts Increase Their Forecasts After Better-Than-Expected Earnings
Atlassian Corp TEAM reported better-than-expected financial results for the fiscal second quarter after the market close on Thursday.
Atlassian pops 20% on better-than-expected earnings, revenue outlook
Atlassian shares popped more 20% in premarket trading after blowing past Wall Street's fiscal second-quarter earnings and guidance. The company reported adjusted earnings of 96 cents per share and $1.29 billion in revenues.
Atlassian: Soaring On Guidance And The Implications
Atlassian posted strong Q2 results, with 21% YoY revenue growth and improved profit margins, driving a significant post-earnings rally. Management raised full-year revenue growth guidance to 19% with an implied Q4 acceleration to 20% YoY growth. Despite TEAM stock trading at the high end of my fair value range, I still see a path to market-beating returns.
Atlassian Surpasses Q2 Revenue, EPS Forecasts
Team collaboration and productivity software specialist Atlassian (TEAM -1.61%) reported fiscal year 2025 second-quarter results on Thursday, Jan. 30, that topped analysts' consensus estimates. Q2 revenue of $1.29 billion surpassed the estimated $1.24 billion mark while adjusted earnings per share came in at $0.96, outshining the anticipated $0.75.
Watch These Atlassian Price Levels as Stock Surges on Revenue Outlook
Atlassian (TEAM) shares surged in extended trading on Thursday after the software company issued an upbeat revenue outlook amid robust demand for its artificial intelligence (AI)-powered cloud offerings.
Atlassian (TEAM) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Atlassian (TEAM) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Atlassian Corporation (TEAM) Q2 2025 Earnings Call Transcript
Atlassian Corporation (NASDAQ:TEAM ) Q2 2025 Earnings Conference Call January 30, 2025 5:00 PM ET Company Participants Martin Lam - Head of IR Mike Cannon-Brookes - CEO and Co-Founder Joe Binz - CFO Conference Call Participants Keith Bachman - BMO Capital Markets Ryan MacWilliams - Barclays Michael Turrin - Wells Fargo Keith Weiss - Morgan Stanley Fatima Boolani - Citi DJ Hynes - Canaccord Brent Thill - Jefferies Kash Rangan - Goldman Sachs Rob Owens - Piper Sandler Adam Tindle - Raymond James Gregg Moskowitz - Mizuho Jason Celino - KeyBanc Capital Markets Operator Good afternoon, and thank you for joining Atlassian's Earnings Conference Call for the Second 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) Q2 Earnings and Revenues Top Estimates
Atlassian (TEAM) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.73 per share a year ago.
