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48D Atlassian News Story

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Atlassian Corp reports results for the quarter ended June 30 - Earnings Summary

Atlassian Corp TEAM.OQ reported quarterly adjusted earnings of 98 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 66 cents.  The mean expectation of twenty six analysts for the quarter was for earnings of 86 cents per share. Wall Street expected results to range from 76 cents to $1.13 per share.

Revenue rose 22.3% to $1.38 billion from a year ago; analysts expected $1.36 billion.

Atlassian Corp's reported EPS for the quarter was a loss of 9 cents​.

The company reported a quarterly loss of $23.9 million.

Atlassian Corp shares had fallen by 15.8% this quarter and lost 29.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.1% in the last three months.​

In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 23 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for Atlassian Corp is $260.00, about 34.2% above its last closing price of $171.00

This summary was machine generated from LSEG data August 8 at 06:43 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.860.98Beat
Mar. 31 20250.920.97Beat
Dec. 31 20240.760.96Beat
Sep. 30 20240.640.77Beat

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