Atlassian Q1 Adj. EPS $0.65 vs $0.53 Est., Revenue $977.8M vs $959M Est.
Portfolio Pulse from Benzinga Newsdesk
Atlassian reported Q1 adjusted EPS of $0.65, beating estimates of $0.53. The company's revenue also surpassed expectations, coming in at $977.8M versus the estimated $959M.
November 02, 2023 | 8:08 pm
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POSITIVE IMPACT
Atlassian's Q1 earnings and revenue beat estimates, which could positively impact its stock price.
Atlassian's better-than-expected Q1 results indicate strong performance, which is typically well-received by the market and can lead to a rise in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100