Atlassian Fiscal Q4 Non-GAAP EPS, Revenue Increase; Fiscal Q1 Revenue Outlook Set; Chief Sales Officer to Leave -- Shares Fall After Hours-March 2024-www.financetom.com

Atlassian Fiscal Q4 Non-GAAP EPS, Revenue Increase; Fiscal Q1 Revenue Outlook Set; Chief Sales Officer to Leave -- Shares Fall After Hours

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Atlassian Fiscal Q4 Non-GAAP EPS, Revenue Increase; Fiscal Q1 Revenue Outlook Set; Chief Sales Officer to Leave -- Shares Fall After Hours

Aug 1, 2024 2:06 PM

04:33 PM EDT, 08/01/2024 (MT Newswires) -- Atlassian ( TEAM ) reported fiscal Q4 non-GAAP earnings late Thursday of $0.66 per diluted share, up from $0.57 a year earlier.

Analysts polled by Capital IQ expected $0.60.

Revenue for the quarter ended June 30 was $1.13 billion, up from $939.1 million a year earlier.

Analysts surveyed by Capital IQ expected $1.13 billion.

The company said it expects fiscal Q1 revenue between $1.149 billion and $1.157 billion.

Analysts polled by Capital IQ expect $1.16 billion.

Atlassian ( TEAM ) also said its Chief Sales Officer Kevin Egan decided to leave the company. Kevin will keep his position until August's end.

The shares of Atlassian ( TEAM ) fell nearly 16% in after-hours trading.

Price: 145.99, Change: -27.25, Percent Change: -15.73

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