Atlassian beats quarterly revenue estimates on strong cloud demand, shares rise
April 30 (Reuters) - Collaboration software maker Atlassian TEAM.O beat Wall Street estimates for quarterly revenue on Thursday, helped by strong demand for its cloud-based products. Shares of the company rose over 23% in extended trading. Third-quarter revenue came in at $1.79 billion, beating analysts' average estimate of $1.69 billion, according to data compiled by LSEG. (Reporting by Anhata Rooprai in Bengaluru; Editing by Jonathan Ananda) ((Anhata.Rooprai@thomsonreuters.com))
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