Atlassian rises after upbeat revenue forecast

Atlassian

30/01/2025 21:43

** Shares of enterprise software developer Atlassian Corp
 TEAM.O  up 16.5% at $312 in after-hours trading
    ** TEAM sees Q3 revenue between $1.345 bln and $1.353 bln,
while analysts expect $1.31 bln, according to data compiled by
LSEG
    ** Raises FY2025 revenue growth forecast to range from 18.5%
to 19%, up from prior projection of 16.5% to 17%
    ** Posts Q2 revenue of $1.29 bln vs estimate of $1.24 bln
    ** TEAM gained 2.3% in 2024

 (Reporting by Juby Babu in Mexico City)
 ((Juby.Babu@thomsonreuters.com;))