Atlassian benefited from robust cloud and data center growth during the period as more customers turned to artificial intelligence solutions.
In the latest quarter, more than 50% of all cloud migrations were from data center. While Atlassian management expects current macro pressure to continue well into FY’24, the company’s FQ1 ...
"Strong enterprise sales execution drove better-than-expected revenue across both our Cloud and Data Center offerings, as we delivered 30% year-over-year growth in subscription revenue in the second ...
Atlassian has 40,103 customers with more than $10,000 in cloud annual recurring revenue (ARR), up 18% year over year. This customer cohort represents over 75% of total cloud ARR. The data center ...
Atlassian, after a period in which the company was in transition to a SaaS model, has reemerged as a strong growth asset.
Atlassian reported second-quarter revenue of $1.29 billion, beating analyst estimates of $1.24 billion, according to Benzinga Pro. The company reported second-quarter adjusted earnings of 96 cents per ...
We recently published a list of 10 Firms Buck Market Slump on Impressive Earnings, New Deals. In this article, we are going ...
Atlassian's enterprise and AI growth boost investor confidence. Read why TEAM stock remains attractive as revenue and margins ...
Atlassian reported a revenue of $1.29 billion ... It anticipates a continuation in cloud revenue growth estimated at 23.5% and Data Center revenue growth of 7%. The management team reiterated ...
CEO Mike Cannon-Brookes said they now have more than 500 customers spending over US$1 million annually, with a revenue ARR of US$5bn.
TEAM's second-quarter fiscal 2025 results benefit from robust paid seat expansion, growing ARPU, cross-selling of additional ...