|Bid||233.00 x 900|
|Ask||360.28 x 800|
|Day's Range||245.31 - 269.49|
|52 Week Range||159.54 - 483.13|
|Beta (5Y Monthly)||1.01|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 27, 2022 - May 02, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||334.35|
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.
Atlassian's (TEAM) fourth-quarter results reflect the benefits from new customer wins and the high-margin subscription revenue business.