Atlassian raises annual revenue growth forecast, shares up 14%

Atlassian

31/10/2024 20:16

Oct 31 (Reuters) - Atlassian  TEAM.O  raised its annual
revenue growth forecast on Thursday, anticipating growing demand
from enterprise clients for its cloud software, sending the
company's shares up 14% in extended trading.
    The Sydney, Australia-based company now expects fiscal year
2025 revenue growth to be in the range of 16.5% to 17.0%,
compared with its earlier expectations of about 16%.

 (Reporting by Jaspreet Singh in Bengaluru; Editing by Shailesh
Kuber)
 ((Jaspreet.Singh@thomsonreuters.com; https://twitter.com/i_jass;))