Previous Close | 268.59 |
Open | 265.41 |
Bid | 0.00 x 800 |
Ask | 0.00 x 800 |
Day's Range | 264.97 - 289.12 |
52 Week Range | 159.54 - 483.13 |
Volume | |
Avg. Volume | 2,045,545 |
Market Cap | 70.812B |
Beta (5Y Monthly) | 1.01 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -2.86 |
Earnings Date | Aug 04, 2022 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 328.29 |
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Software growth stocks are still looking for a catalyst as the sector lags the S&P 500. Estimates could be revised down in the next quarterly earnings reports.
Shares of Atlassian Corporation (NASDAQ: TEAM), a collaboration and productivity software company, were climbing today after the company reported its fourth-quarter results. The company's earnings were in line with Wall Street's consensus estimate, but Atlassian's top line outpaced analysts' consensus estimate. Atlassian reported non-GAAP earnings per share of $0.27 for the quarter, which was up from $0.24 per share in the year-ago quarter and on par with Wall Street's average estimate.
The software company's June-quarter revenue growth was well above expectations—and so were margins. The company hired a new CFO.