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Atlassian raises annual revenue growth forecast, shares up 14%
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Atlassian raises annual revenue growth forecast, shares up 14%
Nov 4, 2024 11:43 AM

Oct 31 (Reuters) - Atlassian ( TEAM ) raised its annual

revenue growth forecast on Thursday, anticipating growing demand

from enterprise clients for its cloud software, sending the

company's shares up 14% in extended trading.

The Sydney, Australia-based company now expects fiscal year

2025 revenue growth to be in the range of 16.5% to 17.0%,

compared with its earlier expectations of about 16%.

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