Atlassian slips after reporting quarterly loss

Atlassian

02/05/2025 13:34

** Shares of enterprise software developer Atlassian TEAM.O fall 13.3% to $198.58 premarket

** Late on Thursday, co reported Q3 net loss of 27 cents/share, compared with a profit of 5 cents/share, a year ago

** Co forecast Q4 sales between $1.35 bln and $1.36 bln, compared with analysts' est of $1.36 bln - LSEG

** Co posted Q3 sales of $1.36 bln vs analysts' est of $1.35 bln - LSEG

** As of last close, stock down 5.9% YTD

 (Reporting by Kamal Choudhury in Bengaluru)

 ((Kamal.Choudhury@thomsonreuters.com;))