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Atlassian (TEAM) shares surged in extended trading on Thursday after the software company issued an upbeat revenue outlook amid robust demand for its artificial intelligence (AI)-powered cloud offerings.
While the top- and bottom-line numbers for Atlassian (TEAM) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Atlassian Corporation (NASDAQ:TEAM ) Q2 2025 Earnings Conference Call January 30, 2025 5:00 PM ET Company Participants Martin Lam - Head of IR Mike Cannon-Brookes - CEO and Co-Founder Joe Binz - CFO Conference Call Participants Keith Bachman - BMO Capital Markets Ryan MacWilliams - Barclays Michael Turrin - Wells Fargo Keith Weiss - Morgan Stanley Fatima Boolani - Citi DJ Hynes - Canaccord Brent Thill - Jefferies Kash Rangan - Goldman Sachs Rob Owens - Piper Sandler Adam Tindle - Raymond James Gregg Moskowitz - Mizuho Jason Celino - KeyBanc Capital Markets Operator Good afternoon, and thank you for joining Atlassian's Earnings Conference Call for the Second 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.
Atlassian (TEAM) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.73 per share a year ago.
TEAM Anywhere/SAN FRANCISCO--(BUSINESS WIRE)--Atlassian Corporation (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, today announced financial results for its second quarter ended December 31, 2024. A shareholder letter was posted on Atlassian's Work Life blog at http://atlassian.com/blog/announcements/shareholder-letter-q2fy25 and in the Investor Relations section of Atlassian's website at https://investors.atlassian.com. Second Quarter Fiscal Year 2025 Earni.
According to LCH Investments, over 200 hedge funds are Tiger Cubs, funds started by former employees of Tiger Management, the iconic hedge fund founded by Julian Robertson in 1980.
Among sell-side analysts on Wall Street, Morgan Stanley is one of the most well-known. The company's large investment banking business, which generated $6.1 billion in revenue in fiscal 2024, contributes to the scope of its equity coverage.
Despite macro headwinds, TEAM's fiscal Q2 results are likely to benefit from increased adoption of cloud-based offerings and AI enhancements.
BOSTON--(BUSINESS WIRE)--Tempo Software, a leader in strategic portfolio management, has been selected by Atlassian as the Title Sponsor for Atlassian Team '25 Annual User Conference. This partnership underscores Tempo's role as a trusted Atlassian partner, delivering scalable, AI-powered solutions that enable product development leaders to drive strategic outcomes. A longstanding strategic partner to Atlassian For over 15 years, Tempo has been a cornerstone of the Atlassian Marketplace, earnin.
Atlassian stock price held steady and is up for two consecutive weeks as focus turns to its upcoming financial results. TEAM shares jumped to a high of $265 on Friday, up by almost 100% from its lowest point in 2024.