The latest quarterly earnings report for Atlassian Corporation is scheduled for Wednesday, April 29th, with a consensus estimate EPS of 1.33.
Atlassian Corporation (TEAM) saw a positive day in trading, with the price at $70.3, marking a price change of $1.08 (1.56%) from the previous close. Trading volume stood at $1.25 million, reflecting a 16.86% increase from the average.
In the latest quarterly earnings report on Wednesday, February 4th, the consensus estimate EPS was 1.12. The company's revenue and profit margin figures are awaited post the earnings call.
Recently, on April 27th, Cantor Fitzgerald maintained Atlassian Corporation's grade at "Overweight," with a current price of $71.55 and a recommendation to "hold."
The company witnessed a net change in cash of -$1.16 billion, with free cash flow at $168.52 million. Notable figures include stock-based compensation at $452.62 million and common stock repurchased at -$194.34 million.
Key figures from the income statement include revenue at $1.59 billion, gross profit at $1.35 billion, and a net income of -$42.65 million, translating to an EPS of -16 cents.
The company exhibits a gross profit margin of 85%, a debt ratio of 22.58, and a return on equity of -2.68%, indicating the need for improved performance metrics.
Atlassian Corporation's balance sheet highlights total assets worth $6.16 billion, total liabilities at $4.57 billion, and a net debt of $232.73 million.
Stay tuned for the latest updates on Atlassian Corporation (TEAM) as the market continues to unfold.
Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Its product portfolio includes Jira Software and Jira Work Management, a project management system that connects technical and business teams so they can better plan, organize, track and manage their work and projects; Confluence, a connected workspace that organizes knowledge across all teams to move work forward; and Trello, a collaboration and organization product that captures and adds structure to fluid and fast-forming work for teams. The company also offers Jira Service Management, an intuitive and flexible service desk product for creating and managing service experiences for various service team providers, such as IT, legal, and HR teams; and Jira Align, an Atlassian's enterprise agility solution designed to help businesses to adapt and respond dynamic business conditions with a focus on value-creation. In addition, it provides Bitbucket, an enterprise-ready Git solution that enables professional dev teams to manage, collaborate, and deploy quality code; Atlassian Access, an enterprise-wide product for enhanced security and centralized administration that works across every Atlassian cloud product; and Jira Product, a prioritization and road mapping tool. Further, the company's portfolio includes Atlas, a teamwork directory; Bamboo, a continuous delivery pipeline; Crowd, a single sign-on; Crucible, a collaborative code review; Fisheye, a search, track, and visualize code change software; and Compass, a developer experience platform. Additionally, it offers Opsgenie, an on-call and alert management software; Sourcetree, a free git client for windows and mac; Statuspage that communicates real-time status to users; Beacon, an intelligent threat detection software; and Atlassian Access that enhance data security and governance for Atlassian Cloud products. The company was founded in 2002 and is headquartered in Sydney, Australia.