Atlassian (TEAM) Q2 Earnings and Revenues Beat Estimates
Atlassian (TEAM) Zacks Investment Research·2024-02-02 23:16
Atlassian (TEAM) reported stronger-than-expected second-quarter fiscal 2024 results. Its second-quarter fiscal 2024 non-GAAP earnings per share of 73 cents beat the Zacks Consensus Estimate of 62 cents. The figure increased 62.2% from the year-ago quarter’s non-GAAP earnings of 45 cents per share, mainly driven by double-digit year-over-year growth across segments like Cloud and Data Center.TEAM’s second-quarter revenues jumped 21.5% to $1.06 billion and surpassed the consensus mark of $1.02 billion. The to ...