Profile
Sector:
TechnologyIndustry:
Software ApplicationCountry:
AustraliaIPO:
09 December 2015Website:
http://www.atlassian.comNext earnings report:
N/ALast dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 23:57:51 GMTDividend
Analysts recommendations
Institutional Ownership
TEAM Latest News
Atlassian Corporation (NASDAQ: TEAM) delivered impressive first-quarter fiscal 2025 results, surpassing market expectations and igniting a substantial stock rally of over 15% on Friday. The collaboration and productivity software provider reported significant increases in both revenue and earnings, signaling robust business momentum and effective execution of its strategic initiatives.
TEAM's first-quarter fiscal 2025 results benefit from robust paid seat expansion, growing ARPU and strong migrations.
Atlassian (TEAM) shares surged Friday after the business-software company posted better-than-expected quarterly results and raised its guidance as demand for artificial intelligence (AI) technology sent subscriptions surging.
Atlassian Corporation (NASDAQ:TEAM ) Q1 2025 Earnings Conference Call October 31, 2024 5:00 PM ET Company Participants Martin Lam - Head of IR Mike Cannon-Brookes - Co-Founder and CEO Joe Binz - CFO Conference Call Participants Kash Rangan - Goldman Sachs Keith Weiss - Morgan Stanley Adam Tindle - Raymond James Alex Zukin - Wolfe Research Michael Turrin - Wells Fargo Fatima Boolani - Citi Gregg Moskowitz - Mizuho Securities Keith Bachman - BMO Ryan MacWilliams - Barclays Brent Thill - Jefferies Jason Celino - KeyBanc Operator Good afternoon and thank you for joining Atlassian's earnings conference call for the First Quarter of Fiscal Year 2025. As a reminder, this conference call is being recorded and will be available for replay on the Investor Relations section of Atlassian's website following this call.
Although the revenue and EPS for Atlassian (TEAM) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Atlassian raised its annual revenue growth forecast on Thursday, anticipating a surge in demand from enterprise clients for its cloud software, sending the company's shares up about 17% in extended trading.
Atlassian (TEAM, Financial)'s stock price has seen a general upward trend since August following positive financial results and positive sentiment from Goldman Sachs' analysts that upgraded Atlassian's rating from Neutral to Buy in August 2024.
Atlassian ( TEAM ), the $42 billion provider of enterprise software collaboration and workflow tools, has had a rough year as the stock peaked in January above $250. Atlassian's team collaboration software like Jira, Confluence and Trello help teams organize, discuss, and complete shared work, especially software developers who were their first customers over two decades ago at the University of New South Wales.
TEL AVIV, Israel, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Tabnine , the originators of the AI code assistant category, today announced the general availability of two new AI agents seamlessly integrated into Atlassian Jira to transform the way software teams approach software development and maintenance tasks: the Jira Implementation Agent and the Jira Validation Agent.
Artificial intelligence could help Atlassian more than double its annual revenue to $10 billion in the coming years. Atlassian launched a new AI product called Rovo that it hopes will create a new revenue stream for the company.
What type of business is Atlassian?
Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Its product portfolio includes Jira, a project management system that connects technical and business teams so they can better plan, organize, track, and manage their work and projects; Confluence, a connected workspace that empowers organizations to create, organize, find, and share information; Loom, an asynchronous video communication tool that helps users communicate through instantly shareable videos; and Trello that captures and adds structure to fluid and fast-forming work for individuals and teams. The company also offers Jira Service Management, an intuitive and flexible service desk product for creating and managing service experiences for various service team providers, such as IT, legal, and HR teams; and Jira Align, an Atlassian's enterprise agility solution designed to help businesses to adapt and respond dynamic business conditions with a focus on value-creation. In addition, it provides Bitbucket, an enterprise-ready Git solution that enables professional dev teams to manage, collaborate, and deploy quality code; Atlassian Access, an enterprise-wide product for enhanced security and centralized administration that works across every Atlassian cloud product; Jira Product Discovery, a prioritization and road mapping tool; and Compass, a developer portal that provides a unified real-time representation of engineering teams' output in one place. Further, the company's portfolio includes Bamboo, Crowd, Crucible, Fisheye, Opsgenie, Sourcetree, Statuspage, and Atlassian cloud apps. The company was founded in 2002 and is headquartered in Sydney, Australia.
What sector is Atlassian in?
Atlassian is in the Technology sector
What industry is Atlassian in?
Atlassian is in the Software Application industry
What country is Atlassian from?
Atlassian is headquartered in Australia
When did Atlassian go public?
Atlassian initial public offering (IPO) was on 09 December 2015
What is Atlassian website?
https://www.atlassian.com
Is Atlassian in the S&P 500?
No, Atlassian is not included in the S&P 500 index
Is Atlassian in the NASDAQ 100?
Yes, Atlassian is included in the NASDAQ 100 index
Is Atlassian in the Dow Jones?
No, Atlassian is not included in the Dow Jones index
When was Atlassian the previous earnings report?
No data
When does Atlassian earnings report?
Next earnings report date is not announced yet